Cigniti Technologies Ltd.
0.25 (0.01%) Cigniti Technologies reports 76% fall in Q1 consolidated net profit
Date: 23-07-2024Cigniti Technologies has reported results for first quarter ended June 30, 2024 (Q1FY25).
The company has reported net loss of Rs 7.78 crore for the quarter ended June 30, 2024 as compared to net profit of Rs 27.16 crore for the same quarter in the previous year. Total income of the company increased by 41.87% at Rs 277.73 crore for Q1FY25 as compared to Rs 195.77 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 76.39% fall in its net profit at Rs 10.52 crore for Q1FY25 as compared to Rs 44.56 crore for the same quarter in the previous year. However, total income of the company increased by 6.85% at Rs 474.66 crore for Q1FY25 as compared to Rs 444.22 crore for the corresponding quarter previous year.