Cigniti Technologies' Q2 FY 2025-26 Quarterly Results

Result Summary

• Cigniti Technologies Ltd reported a 8.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 13.7%.
• Its expenses for the quarter were up by 5.3% QoQ and 7.4% YoY.
• The net profit increased 25.3% QoQ and increased 56.0% YoY.
• The earnings per share (EPS) of Cigniti Technologies Ltd stood at 29.99 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 leading global provider of independent quality engineering and software testing services. The company primarily operates within the technology sector, offering a comprehensive suite of services that include test automation, performance testing, and security testing, among others. Cigniti Technologies is known for its expertise in helping businesses accelerate their digital transformation through innovative testing solutions. The company has a robust presence in various markets, serving clients across multiple industries such as healthcare, financial services, and retail. Recent developments, such as strategic partnerships and expansions, have further solidified Cigniti's position as a key player in the software testing domain. Any specific recent developments or changes in the company’s strategic direction beyond October 2023 are not available within the given data.

Revenue

For the second quarter of the fiscal year 2026 (Q2FY26), Cigniti Technologies Ltd reported a total income of ₹587.70 crores. This demonstrates an increase from the previous quarter (Q1FY26), where the total income was ₹542.50 crores, indicating a quarter-over-quarter (QoQ) growth of 8.3%. Compared to the same quarter in the previous fiscal year (Q2FY25), where the total income was ₹517.00 crores, there is a year-over-year (YoY) increase of 13.7%. This growth in total income reflects the company's ability to enhance its revenue streams over both short and long-term periods, highlighting its continued market relevance and potential expansion.

Profitability

Cigniti Technologies Ltd's profitability metrics for Q2FY26 indicate a robust financial performance. The company reported a profit before tax of ₹110.20 crores, reflecting a QoQ increase of 24.0% from Q1FY26's ₹88.90 crores, and a substantial YoY increase of 51.9% from Q2FY25's ₹72.54 crores. After accounting for taxes, the profit after tax for Q2FY26 was ₹82.60 crores, up from ₹65.90 crores in Q1FY26, marking a 25.3% increase QoQ, and a 56.0% rise from ₹52.94 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 stood at ₹29.99, compared to ₹23.94 in Q1FY26 and ₹19.27 in Q2FY25, demonstrating a QoQ growth of 25.3% and a YoY increase of 55.6%. These figures highlight the company's ability to effectively convert income into profits, maintaining strong profitability indicators.

Operating Metrics

The total expenses for Cigniti Technologies Ltd in Q2FY26 amounted to ₹477.50 crores, which represents a 5.3% increase from ₹453.60 crores in Q1FY26 and a 7.4% increase from ₹444.45 crores in Q2FY25. The tax expense for Q2FY26 was ₹27.60 crores, rising from ₹23.00 crores in Q1FY26 and ₹19.60 crores in Q2FY25, with a QoQ increase of 20.0% and a YoY increase of 40.8%. These operating metrics suggest a controlled and strategic scaling of operations, with expenses growing at a lower rate than income, thus supporting the company’s profitability objectives. The data reflects Cigniti Technologies' operational efficiency and its ability to manage costs relative to its revenue growth.