Latest news with #CignitiTechnologies
Time of India
25-07-2025
- Business
- Time of India
Cigniti Technologies shares in focus after Morgan Stanley buys stake worth Rs 26 crore
(You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Cigniti Technologies will be in focus on Friday following Morgan Stanley's stake purchase in the company via a block deal which was worth Rs 26 crore. The US-based financial services company bought over 1.65 lakh shares through its affiliate Morgan Stanley Asia Singapore Pte at a price of Rs 1591.46 apiece which was a discount of 9.5% over the Wednesday closing price. Cigniti Technologies shares today ended with sharp cuts of Rs 168.40 or 10% at Rs 1, Technologies is a smallcap stock which is currently trading below its 50-day simple moving averages (SMA) of Rs 1,688 while above its 200-DMA of Rs 1,543.3 according to on Wednesday reported a net profit of Rs 60 crore, which shot-up 527% over Rs 11 crore in the year ago period. The revenue from operations surged 14% to Rs 534 in Q1FY26 versus Rs 468 crore in the year ago profit after tax (PAT) fell 18% on a sequential basis compared to Rs 73 crore in Q4FY25. Meanwhile the topline was flat versus Rs 530 crore in the January-March quarter of income in the reported quarter stood at Rs 542 crore versus Rs 547 crore in Q4FY25 and Rs 475 crore in the year ago company incurred expenses of Rs 454 crore in the quarter under review versus Rs 450 crore in Q4FY25 and Rs 428 crore in Q1FY25. Majorly expenses were made on employee benefits and hired contractors a Coforge company, is an AI & IP-led Digital Assurance and Engineering services company that helps global companies across industries continuously accelerate their Digital Transformation and become Technologies shares have rallied 16% over a 1-year period though remaining a major laggard in 2025 so far. The stock has fallen 10% on the year-to-date basis.
Business Standard
24-07-2025
- Business
- Business Standard
Cigniti Tech slips after Q1 PAT slides 10% QoQ to Rs 66 cr
Cigniti Technologies declined 8.02% to Rs 1,599.65 after the company's consolidated net profit dropped 9.97% to Rs 65.9 crore on a 0.74% rise in revenue to Rs 534.2 crore in Q1 FY26 over Q4 FY25. On a year-on-year (YoY) basis, the companys revenue and profit surged 14.02% and 527.62%, respectively. Profit before tax (PBT) stood at Rs 88.9 crore in Q1 FY26, down 8.54% QoQ but up 429.17% YoY. Total expenses increased 6.03% to Rs 453.6 crore in Q1 FY26. Employee benefit expenses stood at Rs 296.3 crore (down 3.36% YoY), and hired contract costs were at Rs 88.9 crore (up 38.91% YoY) during the period under review.
Business Standard
24-07-2025
- Business
- Business Standard
Cigniti Technologies consolidated net profit rises 527.62% in the June 2025 quarter
Sales rise 14.02% to Rs 534.20 crore Net profit of Cigniti Technologies rose 527.62% to Rs 65.90 crore in the quarter ended June 2025 as against Rs 10.50 crore during the previous quarter ended June 2024. Sales rose 14.02% to Rs 534.20 crore in the quarter ended June 2025 as against Rs 468.50 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 534.20468.50 14 OPM % 16.6410.61 - PBDT 96.4055.20 75 PBT 88.9046.90 90 NP 65.9010.50 528
Business Upturn
24-07-2025
- Business
- Business Upturn
Cigniti Technologies shares drop 5% as Q1 net profit falls 10% QoQ to Rs 65.9 crore
By Aman Shukla Published on July 24, 2025, 09:37 IST Shares of Cigniti Technologies fell around 5% in morning trade on Thursday after the company announced its Q1 FY26 results, which showed only a marginal revenue growth and a dip in net profit. As of 9:36 AM, the shares were trading 5.10% lower at Rs 1,653.30. The company's consolidated revenue came in at Rs 534 crore, just 0.8% higher than the previous quarter's Rs 530 crore. Operating profit (EBIT) stayed largely unchanged at Rs 81.5 crore, with margins holding steady at 15.3%. However, the drag came from the bottom line, as net profit declined nearly 10% QoQ to Rs 65.9 crore, down from Rs 73.2 crore in the previous quarter. While the company has managed to maintain healthy margins, the muted growth and profit slip seem to have weighed on investor sentiment. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
06-05-2025
- Business
- Business Standard
Cigniti Tech spurts after Q4 PAT surges 100% QoQ to Rs 73 cr
Cigniti Technologies rallied 3% to Rs 1,417.80 after the company's consolidated net profit increased 100.08% to Rs 73.15 crore in Q4 FY25 as against 63.56 crore in Q3 FY24. Revenue from operations increased 2.69% to Rs 530.27 crore during the quarter ended 31st March 2025. On a year on year (YoY) basis, the companys revenue and profit jumped 16.38% and 169.93%, respectively. Profit before tax (PBT) jumped 13.62% year on year (YoY) to Rs 97.16 crore in Q4 FY25. Total expenses increased 3.53% to Rs 449.91 crore in Q4 FY25 as compared with Rs 434.58 crore in Q4 FY24. Employee benefit expenses stood at Rs 310.26 crore (up 2.16% YoY), hired contract costs was at Rs 83.36 crore (up 19.99% YoY) during the period under review. Cigniti Technologies is the worlds leading AI & IP-led digital assurance and engineering services company that helps global companies across industries continuously accelerate their digital transformation and become digital-first.
