Outcome of Board Meeting - 8 May 2026
SASKEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sasken Technologies reported strong full-year results with consolidated revenue more than doubling to Rs. 111,317 lakhs in FY2026 from Rs. 55,091 lakhs in FY2025, driven by the acquisition of Borqs International Holding Corp in April 2025. Profit after tax grew 16% to Rs. 5,865 lakhs. The company now operates two segments - Software Services and Product Solutions - following the acquisition. An exceptional charge of Rs. 831 lakhs was recorded due to the implementation of new Indian labour codes. The Board recommended a final dividend of Rs. 13 per share, making total dividend for FY2026 Rs. 25 per share (including Rs. 12 interim dividend). Statutory auditors MSKA & Associates LLP were re-appointed for another 5-year term.
The stock shows strong revenue growth of over 100% year-on-year, though PAT growth of 16% lagged due to exceptional items and integration costs from the Borqs acquisition. The dividend yield remains attractive at approximately 2.2% on current prices. Shareholders should note the new segment reporting and labour code impact on profitability.