Quarterly result. Cigniti Tech Q4 PAT up at ₹49 crore

BL Hyderabad Bureau Updated - May 03, 2023 at 09:01 AM.
C V Subramanyam, Chairman and Managing Director, Cigniti Technologies

Cigniti Technologies, a digital assurance and digital engineering services company, has posted a net profit of ₹49.24 crore in the fourth quarter, showing a growth of 118 per cent.

During the quarter, the company registered a revenue of ₹425 crore, up by 23.5 per cent.

Also read: Freshworks reports reduced net loss in Q1

“We have grown by 32 per cent in revenue in comparison to the previous year and expanded in margins substantially. The board has recommended a final dividend of ₹3 per share and a special dividend of ₹2.50 per share, marking the milestone of completing 25 years,” C V Subramanyam, Chairman and Managing Director, said.

For the full year, it reported a net profit of ₹168.32 crore, showing a growth of 83.5 per cent.

Published on May 3, 2023 03:31

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