Thursday, October 30, 2025

Cigniti Tech’s Q2 profit rises 25%; revenue up, margins expand

Date:

Cigniti Technologies delivered a solid Q2 performance, indicating improved operational efficiency and sustained demand momentum. The company’s net profit rose 25% sequentially to ₹83 crore for the quarter ended September 30, 2025, compared with ₹66 crore in the previous quarter.

Revenue from operations grew 7% quarter-on-quarter to ₹577 crore, suggesting moderate topline expansion.

Profitability metrics showed incremental gains. EBITDA increased 10% to ₹107 crore, up from ₹97 crore last quarter. The EBITDA margin expanded by 60 basis points to 18.5%, reflecting better cost leverage and execution discipline.

Despite the performance uptick, the stock showed limited movement. Shares were trading at ₹1,675.90 on the NSE, almost flat from the opening level, indicating that the results were largely in line with market expectations.

In May 2024, the company was acquired by midcap information technology firm Coforge. The latter acquired up to 54% stake in Cigniti Technologies at ₹1,415 per share.

The acquisition was poised to help it grow into a $2 billion firm by the financial year 2026-27 from the current $1.12 billion, according to Moneycontrol.

Also Read: Indian financial sector has seen deals worth $7 billion in 2025 and there are more to come

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Sona BLW reports record Q2 with ₹173 cr profit, revenue hits ₹1,138 cr; EV programs drive growth

Auto components major Sona BLW Precision Forgings Ltd on...

Gold rate today: MCX gold price falls below ₹1.19 lakh after US Fed rate cut; silver prices declines over 1%

अमेरिकी फेडरल रिजर्व नीति की घोषणा के बाद गुरुवार...

US strikes another alleged drug-carrying boat in the Pacific and kills all 4 aboard, Hegseth says

Defence Secretary Pete Hegseth announced Wednesday that the US...

Fineotex Chemical fixes Oct 31 as record date for share split, 4:1 bonus issue

Fineotex Chemical Ltd on Monday said it has fixed...