Cigniti Technologies Q1FY24 consolidated PAT drops QoQ to Rs. 44.56 crores

Cigniti Technologies Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 444.2198 crores during the period ended June 30, 2023 as compared to Rs. 428.6394 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 44.5606 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 49.2440 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 16.27 for the period ended June 30, 2023 as compared to Rs. 18.01 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 444.2198 crs	₹428.6394 crs	3.63%
Net Profit	₹44.5606 crs	₹49.2440 crs	-9.51%
EPS	₹16.27	₹18.01	-9.66%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 444.2198 crores during the period ended June 30, 2023 as compared to Rs.379.0839 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.44.5606 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.30.9999 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.16.27 for the period ended June 30, 2023 as compared to Rs.11.05 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 444.2198 crs	₹379.0839 crs	17.18%
Net Profit	₹44.5606 crs	₹30.9999 crs	43.74%
EPS	₹16.27	₹11.05	47.24%

Shares of Cigniti Technologies Limited was last trading in BSE at Rs. 791.35 as compared to the previous close of Rs. 779.45. The total number of shares traded during the day was 21031 in over 1035 trades.

The stock hit an intraday high of Rs. 795.00 and intraday low of 776.60. The net turnover during the day was Rs. 16549497.00.

Source : Equity Bulls

Keywords

CignitiTechnologies Q1FY24 ResultUpdate