Saksoft Limited has informed the Exchange regarding Outcome of Board Meeting held on August 08, 2025.
SAKSOFT · price
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Saksoft Limited announced its Q1 FY26 (quarter ended June 30, 2025) unaudited financial results, with consolidated revenue from operations rising to ₹24,907.45 lakhs from ₹20,100.62 lakhs in Q1 FY25, a growth of about 24% year-on-year. Consolidated net profit grew to ₹3,234.79 lakhs from ₹2,558.62 lakhs (up about 26%), while basic EPS rose to ₹2.54 from ₹2.02. On a standalone basis, revenue rose to ₹12,546.68 lakhs (up 26%) and net profit to ₹1,883.07 lakhs (up 25%). The statutory auditor issued a clean limited review report with no qualifications or adverse remarks. The Board also approved a Scheme of Amalgamation to merge its wholly owned subsidiary, Augmento Labs Private Limited, into Saksoft, with the appointed date set as April 1, 2026. Since Augmento is a wholly owned subsidiary, no new shares will be issued and there will be no change in Saksoft's shareholding pattern. The merger aims to simplify the group structure and reduce administrative and compliance costs. Previous period figures have been restated following an earlier merger of Threesixty Logica, DreamOrbit, and Terafast into Saksoft.
Strong quarter with double-digit revenue and profit growth, clean audit, and a non-dilutive internal merger that should simplify the group structure and reduce compliance costs. Likely a positive signal for shareholders, though the merger still needs NCLT and other approvals.