Outcome of Board meeting held on Monday, May 5, 2025.
Awaiting price reaction for this filing.
Cigniti Technologies' Board, on May 5, 2025, approved the audited financial results for Q4 FY25 and full year FY25, with statutory auditor S R Batliboi & Associates LLP issuing an unmodified opinion. On a consolidated basis, full-year revenue from operations rose to Rs. 201,434 lakhs (up ~11% from Rs. 181,501 lakhs in FY24), while net profit grew to Rs. 27,204 lakhs (up ~23% from Rs. 22,038 lakhs). Basic EPS for the year stood at Rs. 72.77 versus Rs. 60.68 last year. Q4 FY25 revenue came in at Rs. 53,028 lakhs, up about 16% year-on-year. On the standalone side, FY25 revenue was Rs. 100,685 lakhs and net profit Rs. 16,341 lakhs (vs Rs. 12,638 lakhs). A one-time exceptional charge of Rs. 3,004.83 lakhs was booked for write-off of export incentive claims (FY15–FY19) after DGFT rejections; excluding this, underlying earnings were stronger. The document also recaps the Coforge acquisition of 54% stake and the pending merger scheme awaiting NCLT clearance.
The results show healthy double-digit revenue and profit growth, supportive of the stock. However, the Rs. 30+ crore export incentive write-off is a one-time dent, and the ongoing merger with Coforge remains the key overhang — share price action will continue to track NCLT and scheme-related updates.