Cigniti Technologies Ltd

Cigniti Technologies will hold a meeting of the Board of Directors of the Company on 5 May 2025.Powered by Capital Market - Live

Net profit of Cigniti Technologies rose 32.33% to Rs 63.57 crore in the quarter ended December 2024 as against Rs 48.04 crore during the previous quarter ended December 2023. Sales rose 10.34% to Rs 516.40 crore in the quarter ended December 2024 as against Rs 468.02 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales516.40468.02 10 OPM %16.4613.80 - PBDT93.8470.96 32 PBT85.5263.12 35 NP63.5748.04 32 Powered by Capital Market - Live

Profit before tax stood at Rs 85.52 crore in the third quarter of FY25, up 35.49% from Rs 63.12 crore posted in same quarter a year ago. Total expenses increased 6.82% YoY to Rs 440.32 crore during the quarter. Employee benefits expense was Rs 299.01 crore (up 6.19% YoY), hired contractors costs stood at Rs 82.97 crore (up 15.65% YoY) for the period under review. In dollar terms, the company's gross revenues rose by 8.3% YoY to $60.9 million. EBITDA jumped 36.6% YoY to Rs 88.2 crore in the December 2024 quarter. EBITDA margin improved to 17.1% in Q3 FY25 as against 13.8% posted in Q3 FY24. For Q3 FY25, executable order book over next 12 months stood at $220 million. Total no. of clients was 55 at the end of the December 2024 quarter. The firm added 5 new clients during the quarter. Attrition rate increased to 14.2% in Q3 FY25 from 11.7% recorded in same period last year. Cigniti Technologies is engaged in providing software testing services across the world.Powered by Capital Market - Live

Cigniti Technologies Ltd rose 7.4% today to trade at Rs 1599.4. The BSE Information Technology index is up 0.2% to quote at 42196.28. The index is down 3.01 % over last one month. Among the other constituents of the index, Coforge Ltd increased 6.91% and Persistent Systems Ltd added 5.16% on the day. The BSE Information Technology index went up 12.03 % over last one year compared to the 7.53% surge in benchmark SENSEX. Cigniti Technologies Ltd has lost 14.6% over last one month compared to 3.01% fall in BSE Information Technology index and 2.62% drop in the SENSEX. On the BSE, 119 shares were traded in the counter so far compared with average daily volumes of 6004 shares in the past one month. The stock hit a record high of Rs 1980.75 on 17 Dec 2024. The stock hit a 52-week low of Rs 945 on 23 Jan 2024.Powered by Capital Market - Live

Cigniti Technologies will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live

Cigniti Technologies has allotted 15,625 equity shares under ESOP on 27 December 2024. Powered by Capital Market - Live

The Board of Cigniti Technologies at its meeting held on 27 December 2024 has approved the Scheme of Amalgamation of Cigniti Technologies with and into Coforge and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with rules made thereunder (Scheme). Powered by Capital Market - Live

C.E. Info Systems Ltd, Sunflag Iron & Steel Company Ltd, HEG Ltd and Mahanagar Telephone Nigam Ltd are among the other losers in the BSE's 'A' group today, 10 December 2024.Cigniti Technologies Ltd tumbled 5.45% to Rs 1812.9 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 20310 shares were traded on the counter so far as against the average daily volumes of 8365 shares in the past one month.C.E. Info Systems Ltd lost 5.34% to Rs 1808. The stock was the second biggest loser in 'A' group.On the BSE, 85150 shares were traded on the counter so far as against the average daily volumes of 26315 shares in the past one month.Sunflag Iron & Steel Company Ltd crashed 4.93% to Rs 211.3. The stock was the third biggest loser in 'A' group.On the BSE, 17528 shares were traded on the counter so far as against the average daily volumes of 16252 shares in the past one month.HEG Ltd fell 4.63% to Rs 570.85. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.23 lakh shares were traded on the counter so far as against the average daily volumes of 1.97 lakh shares in the past one month.Mahanagar Telephone Nigam Ltd dropped 4.61% to Rs 55.45. The stock was the fifth biggest loser in 'A' group.On the BSE, 8.9 lakh shares were traded on the counter so far as against the average daily volumes of 5.85 lakh shares in the past one month.Powered by Capital Market - Live

Net profit of Cigniti Technologies rose 15.44% to Rs 52.94 crore in the quarter ended September 2024 as against Rs 45.86 crore during the previous quarter ended September 2023. Sales rose 10.48% to Rs 499.18 crore in the quarter ended September 2024 as against Rs 451.83 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales499.18451.83 10 OPM %13.0114.35 - PBDT81.9369.01 19 PBT72.5461.42 18 NP52.9445.86 15 Powered by Capital Market - Live

Cigniti Technologies will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live