Cigniti Technologies Limited recorded a ₹ 65.9 million net profit for the quarter ended June 30, 2025. The board approved the standalone and consolidated financial results for the first quarter of FY 26 on July 23, 2025.
| Details | First quarter of financial year 26 | Fourth quarter of FY 25 | First quarter of financial year 25 |
|---|---|---|---|
| Revenue from Operations | 5,342 | 5,303 | 4,685 |
| Other income | 13 | 107 | -1 |
| Finance income | 70 | 61 | 63 |
| Total income | 5,425 | 5,471 | 4,747 |
| Employee profit expenditure | 2,963 | 3,103 | 3,066 |
| Cost of contracted contractors | 889 | 834 | 640 |
| Finance cost | 8 | 9 | 7 |
| Depreciation and refinement expenditure | 75 | 82 | 83 |
| Other expenses | 601 | 471 | 482 |
| Total expenditure | 4,536 | 4,499 | 4,278 |
| Extraordinary items and profit before tax | 889 | 972 | 469 |
| Extraordinary items | – | – | 301 |
| Profit before tax | 889 | 972 | 168 |
| Current tax | 252 | 247 | 153 |
| Deferred tax | -22 | -7 | -90 |
| Total tax expenditure | 230 | 240 | 63 |
| Net profit for period | 659 | 732 | 105 |
| Basic EPS (₹) | 23.94 | 26.55 | 3.85 |
| diluted EPS (₹) | 23.94 | 26.55 | 3.83 |
Financial results
Cigniti Technologies had a revenue of ₹ 5,342 million from consolidated operations for the first quarter of FY 26, while in the fourth quarter of FY 25 it was ₹ 5,303 million and ₹ 4,685 million in the first quarter of FY 25.
The total income for the quarter was ₹ 5,425 million, which is less than ₹ 5,471 million in the previous quarter, but more than ₹ 4,747 million in the same quarter of the previous year.
The total expenditure of the company was ₹ 4,536 million, while in the fourth quarter of FY 25 it was ₹ 4,499 million and ₹ 4,278 million in the first quarter of FY 25.
Other main updates
- ESop allocation: The Board of Directors approved the allocation of 60,000 equity shares to Employees Mr. Vinay Rawat on the use of options under Cigniti ESOP Scheme 2015.
- Changes in RTA: Effective from November 15, 2025, the Registrar and Transfer Agent (RTA) has been changed from Aarti Consultants Private Limited to MUFG INTIME India Private Limited.
- Company Secretary’s resignation: Ms. Naga Vasudha resigned from the post of Company Secretary and Compliance Officer on 31 August 2025 at the end of business hours.
- Appointment of Company Secretary: Mr. Abhishek Dahiya has been appointed as effective, new company secretary and compliance officer since 01 September 2025.
Merger scheme
Coforge Limited (Acquisition Company) had acquired 54 percent of the extended share capital of Cigniti Technologies. The Board of Directors approved the merger plan of Cigniti Technologies in Coforge. The amendment to the merger scheme was approved on July 5, 2025, showing the revised share exchange ratio, where an equity share of the coforge (₹ 2/- each) will be issued for each equity share (₹ 10/- each) each of Cigniti Technologies.
The company received an observation letter with ‘No Objection’ from the National Stock Exchange of India Limited on July 18, 2025 and ‘no adverse observation’ from BSE Limited. The acquisition company is in the process of filing the merger scheme with the National Company Law Tribunal. The scheme is subject to approval from shareholders and creditors of companies as well as statutory and regulatory approval.