Shares of Cigniti Technologies fell around 5% in morning trade on Thursday after the company announced its Q1 FY26 results, which showed only a marginal revenue growth and a dip in net profit. As of 9:36 AM, the shares were trading 5.10% lower at Rs 1,653.30.
The company’s consolidated revenue came in at Rs 534 crore, just 0.8% higher than the previous quarter’s Rs 530 crore. Operating profit (EBIT) stayed largely unchanged at Rs 81.5 crore, with margins holding steady at 15.3%.
However, the drag came from the bottom line, as net profit declined nearly 10% QoQ to Rs 65.9 crore, down from Rs 73.2 crore in the previous quarter.
While the company has managed to maintain healthy margins, the muted growth and profit slip seem to have weighed on investor sentiment.
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