Outcome of Board Meeting
Awaiting price reaction for this filing.
Cigniti Technologies' board approved its Q3 FY26 (quarter ended Dec 31, 2025) and 9M FY26 financial results, with auditors S.R. Batliboi & Associates LLP issuing an unmodified limited review report. On a consolidated basis, Q3 revenue from operations grew to Rs. 5,794 million (up ~12% YoY from Rs. 5,164 million), net profit rose to Rs. 803 million (up ~26% YoY from Rs. 636 million), and EPS came in at Rs. 29.15 vs Rs. 23.25 a year ago. For the 9-month period, revenue reached Rs. 16,809 million and net profit jumped to Rs. 2,288 million (up ~80% YoY from Rs. 1,270 million). The company also disclosed a one-time exceptional charge of Rs. 48 million related to the new Indian Labour Codes, allotted 90,000 equity shares under ESOPs, and updated that the scheme of amalgamation with Coforge Limited has received shareholder/creditor approvals, with NCLT sanction still pending.
Strong double-digit revenue growth and ~26% YoY net profit growth in Q3, along with much higher 9M profits, signal robust operational performance and are likely to be viewed positively by investors. The ongoing merger with Coforge remains a key overhang/overlap event that could materially affect shareholding and stock dynamics once NCLT approval comes through.