Cigniti Technologies Ltd's Q1FY26 Quarterly Results

Result Summary

• Cigniti Technologies Ltd reported a 15.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 14.3%.
• Its expenses for the quarter were up by 4.4% QoQ and 6.0% YoY.
• The net profit increased 142.8% QoQ and increased 526.4% YoY.
• The earnings per share (EPS) of Cigniti Technologies Ltd stood at 23.9 during Q1FY26.

Financial Statments for Q1FY26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Cigniti Technologies Ltd is a renowned player in the software testing and quality assurance services sector. The company primarily provides a wide array of software testing services which include functional testing, test automation, performance testing, security testing, and more. Cigniti serves a diverse range of industries such as banking, financial services, insurance, retail, travel, and healthcare. The company is recognized for its deep domain expertise and its innovative testing methodologies. Its strategic focus on delivering high-quality software testing services has positioned it as a leader in the industry. Currently, there is no specific information available about any recent major developments concerning Cigniti Technologies Ltd.

Revenue

During the first quarter of the fiscal year 2026, Cigniti Technologies Ltd reported a total income of ₹542.50 crores, marking a 15.0% increase compared to the previous quarter (Q4FY25) where the income was ₹471.82 crores. On a year-over-year basis, there was a 14.3% increase from the first quarter of fiscal year 2025, when the total income was ₹474.66 crores. This growth in revenue reflects the company's capacity to enhance its income over the specified periods, suggesting a positive trajectory in its financial performance for this quarter.

Profitability

Cigniti Technologies Ltd showed substantial growth in profitability for Q1FY26. The profit before tax for this quarter amounted to ₹88.90 crores, a significant increase of 138.8% from the previous quarter's ₹37.23 crores, and a remarkable year-over-year rise of 428.5% from ₹16.82 crores in Q1FY25. After accounting for tax, the profit after tax stood at ₹65.90 crores, which represents a 142.8% increase quarter-over-quarter and a 526.4% increase year-over-year. Earnings per share also saw a substantial rise to ₹23.90, from ₹9.90 in the previous quarter and ₹3.80 in the corresponding quarter of the previous year, reflecting a 141.4% QoQ and 528.9% YoY growth.

Operating Metrics

The total expenses for Cigniti Technologies Ltd in Q1FY26 were ₹453.60 crores, up by 4.4% from ₹434.58 crores in Q4FY25, and increased by 6.0% from ₹427.80 crores in Q1FY25. The tax paid in this quarter was ₹23.00 crores, which is a 127.9% increase from the previous quarter and a 265.1% increase from the same quarter last year. These figures indicate an upward trend in the company’s operating expenses and tax obligations, which corresponds with the company's growing income and profitability figures. However, the precise impact on operational efficiency cannot be determined from the data provided.