Cigniti Technologies Limited — Board Meeting, 05-05-2025: Outcome of Board Meeting

Cigniti Technologies Ltd. has announced a board meeting approving the consolidated financial results for the quarter and year ended March 31, 2025. Revenue grew to Rs. 2014.34 Cr from Rs. 1848.09 Cr, while net profit jumped to Rs. 302.08 Cr versus Rs. 220.38 Cr last year. The board set aside a Rs. 30.05 Cr provision for export incentive reversals, showing cautious risk management. Operating cash flow improved to Rs. 159.90 Cr. The company issued 81,250 shares under ESOP and is advancing its merger with Coforge Ltd. to enhance scale and market presence.