Sasken Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on May 08, 2026.
SASKEN · price
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Sasken Technologies reported audited consolidated FY2026 results with total income of Rs. 115,187.26 lakhs, more than doubling from Rs. 60,674.88 lakhs in FY2025, primarily driven by the acquisition of Borqs International Holding Corp (completed April 8, 2025) which added a new 'Product Solutions' segment. Consolidated PAT grew to Rs. 5,864.57 lakhs from Rs. 5,050.95 lakhs, a ~16% increase. An exceptional charge of Rs. 830.80 lakhs was recorded due to the implementation of new labour codes. The Board recommended a final dividend of Rs. 13 per share, bringing total FY26 dividend to Rs. 25 per share (including Rs. 12 interim dividend). M S K A & Associates LLP was re-appointed as statutory auditors for a second term of up to 5 years. Auditors issued an unmodified opinion.
Revenue nearly doubled due to the Borqs acquisition and new Product Solutions segment, but PAT growth (~16%) lagged as the acquired business reported a net loss of Rs. 670.96 lakhs for the year. The exceptional labour code charge and losses in the new segment may cause near-term caution despite strong top-line growth.