Sasken Technologies Limited has informed the Exchange regarding Outcome of Board Meeting held on May 08, 2026.
SASKEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sasken Technologies reported strong FY26 consolidated results with revenue more than doubling to Rs. 1,11,317 lakhs from Rs. 55,091 lakhs in FY25, driven by the acquisition of Borqs entities in April 2025. Net profit after tax grew 16% to Rs. 5,865 lakhs. The company declared a final dividend of Rs. 13 per share, making total dividend for the year Rs. 25 per share (including Rs. 12 interim dividend). The Board re-appointed M/s. MSKA & Associates LLP as statutory auditors for another 5-year term. An exceptional item of Rs. 831 lakhs was recorded due to new labour codes impact. Operating cash flow turned negative at Rs. 2,283 lakhs due to increased working capital requirements from the new acquisitions. The company now operates in two segments: Software Services and Product Solutions.
The stock should see positive reaction given massive revenue growth and clean auditor opinion, though investors may monitor the negative operating cash flow and higher cost base from the new Product Solutions segment.