Sasken Technologies Limited — Results, 14-08-2025: Integrated Filing- Financial

**1) Revenue Performance:**

Sasken Technologies reported Q1 FY26 consolidated revenue of ₹273.53 Cr, up an impressive 121.7% YoY and 84.8% sequentially. This significant jump is largely driven by the acquisition of Borqs International, which introduced a new 'Product Solutions' segment alongside the existing 'Software Services'.

**2) Profitability and EPS:**

Net Profit was ₹10.01 Cr, with Basic EPS at ₹6.24. Despite strong revenue, PAT declined 13.0% QoQ and 43.4% YoY. The PAT margin was 3.7%, while Consolidated EBIT stood at ₹5.48 Cr (2.0% margin). This indicates profitability pressure amid expansion.

**3) Operational Costs:**

Total expenses climbed to ₹269.12 Cr. Notable increases include Employee Benefits Expense at ₹148.79 Cr and the new 'Cost of Materials Consumed' at ₹75.57 Cr from the expanded product segment. Other expenses also increased to ₹39.69 Cr.

**4) Key Metrics:**

The company secured $27.4 million in new business, adding seven client logos. Employee attrition hit a low of 7.3% (LTM). Cash and investments remain solid at approximately ₹381 Cr.

**5) Balance Sheet / Cash Flow Health:**

Total assets grew to ₹1,157.54 Cr, supported by robust Other Equity of ₹772.52 Cr. The healthy cash position bolsters future strategic initiatives.

**6) Management Commentary / Strategic Outlook:**

Management points to sustained momentum from new clients and Borqs integration. Strategic investments are underway in Software Defined Vehicles (SDV), Computer Vision, AI/Generative AI, and Cybersecurity, alongside a Microsoft partnership to drive intelligent device development.

**7) Final Takeaway:**

Sasken's Q1 FY26 marks a period of aggressive expansion with strong top-line growth fueled by acquisitions. The dip in profitability suggests an investment phase to integrate new capabilities and seize future market opportunities. Expect continued strategic pivots.