Cigniti Technologies Ltd's Q4FY25 Quarterly Results

Result Summary

• Cigniti Technologies Ltd reported a 10.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 10.1%.
• Its expenses for the quarter were down by 1.3% QoQ and up 19.2% YoY.
• The net profit decreased 57.3% QoQ and decreased 44.9% YoY.
• The earnings per share (EPS) of Cigniti Technologies Ltd stood at 9.9 during Q4FY25.

Financial Statments for Q4FY25

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 prominent company specializing in software testing and quality engineering services. It operates primarily within the information technology services industry. The company provides a range of services, including test automation, performance testing, and security testing, aimed at ensuring the quality and functionality of software applications across various domains. As a leader in its field, Cigniti Technologies has established a reputation for delivering high-quality services to a diverse clientele globally. However, specific recent major developments concerning the company are not available in the provided data.

Revenue

During Q4FY25, Cigniti Technologies Ltd recorded a total income of ₹471.82 crores. This figure represents a decrease of 10.3% compared to the previous quarter (Q3FY25), where the total income was ₹525.83 crores. However, on a year-over-year basis, there was an increase of 10.1% compared to Q4FY24, when the total income stood at ₹428.64 crores. This fluctuation in total income highlights a quarterly decline but an overall annual growth. The variations in revenue are crucial for understanding the company's financial health over the period in question.

Profitability

In terms of profitability, Cigniti Technologies Ltd reported a profit before tax of ₹37.23 crores for Q4FY25, which marks a significant decline of 56.5% from the previous quarter's figure of ₹85.52 crores. On an annual basis, the profit before tax also decreased by 41.7% compared to Q4FY24's ₹63.91 crores. The tax expense for Q4FY25 was ₹10.09 crores, down by 54.0% from the previous quarter and by 31.2% year-over-year. Consequently, the profit after tax for Q4FY25 was ₹27.14 crores, showing a decrease of 57.3% from Q3FY25 and 44.9% from Q4FY24. The earnings per share mirrored this trend, standing at ₹9.90, a decline of 57.1% quarter-over-quarter and 45.0% year-over-year.

Operating Metrics

The operating metrics for Cigniti Technologies Ltd reveal key insights into the company's financial performance for Q4FY25. The total expenses amounted to ₹434.58 crores, which is a slight decrease of 1.3% from the previous quarter's ₹440.32 crores. Nevertheless, there was a notable increase of 19.2% compared to the total expenses of ₹364.73 crores in Q4FY24. These figures indicate a reduction in expenses on a quarterly basis but an increase on a yearly basis. This data provides valuable information about the company's cost management and operational efficiency over time.