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Cigniti Technologies Q3 Net Profit Rises 26% YoY to ₹803 Million; Revenue Up 12%
Cigniti Technologies reported a steady performance for Q3 FY26, with consolidated revenue growing 12.2% YoY to ₹5,794 million. Net profit saw a significant year-on-year increase of 26.3%, reaching ₹803 million, although it dipped slightly by 2.8% on a sequential basis. The company maintained strong margins despite a small exceptional item of ₹48 million during the quarter. The nine-month performance shows robust growth with PAT reaching ₹2,288 million, nearly doubling from ₹1,270 million in the previous year's corresponding period.
Key Highlights
Consolidated Revenue from operations grew 12.2% YoY to ₹5,794 million from ₹5,164 million.
Net Profit for the quarter stood at ₹803 million, up from ₹636 million in the same quarter last year.
Basic EPS increased to ₹29.15 for the quarter compared to ₹23.28 in the previous year's corresponding period.
Total income for the nine-month period ended Dec 31, 2025, reached ₹17,246 million versus ₹15,175 million YoY.
The company recorded a small exceptional item of ₹48 million during the current quarter.
💼 Action for Investors
Investors should find the strong year-on-year profit growth encouraging as it reflects improved operational efficiency. The stock remains a solid hold given the robust nine-month performance and stable revenue growth trajectory.
Cigniti Technologies Files Second Motion Petition for Merger with Coforge Limited
Cigniti Technologies has filed the Second Motion Petition with the National Company Law Tribunal (NCLT) regarding its proposed merger with Coforge Limited. This filing is a critical procedural step in the amalgamation process under Sections 230 to 232 of the Companies Act, 2013. The merger process, which began with disclosures in December 2024, is now moving toward final legal approval. This development indicates that the integration of Cigniti into Coforge is progressing according to the regulatory timeline.
Key Highlights
Filed Second Motion Petition with NCLT for the Scheme of Amalgamation with Coforge Limited.
The merger process follows a series of regulatory milestones initiated on December 27, 2024.
Amalgamation is being conducted under Sections 230 to 232 of the Companies Act, 2013.
The filing marks a late-stage legal requirement before final NCLT approval for the merger.
💼 Action for Investors
Investors should remain invested as the merger process nears completion, which is expected to create a larger, more diversified entity. Monitor for the final NCLT order and the subsequent announcement of the record date for the share swap.
Cigniti Technologies: Voting results of shareholders meeting for amalgamation scheme
Cigniti Technologies Limited announced the voting results of the court-convened meeting of equity shareholders regarding the proposed Scheme of Amalgamation with Coforge Limited. The meeting was held on December 06, 2025, via video conferencing. According to the voting results, 14,875,357 votes were polled by Promoter and Promoter group, with 100% in favor. Public Institutions polled 3,760,937 votes, all in favor, while Public-Non Institutions polled 196,637 votes, with 186,691 in favor and 9,946 against.
Key Highlights
Promoter and Promoter group: 14,875,357 votes polled, 100% in favor
Public Institutions: 3,760,937 votes polled, 100% in favor
Public-Non Institutions: 196,637 votes polled, 186,691 in favor
Total votes in favor: 18,822,985
Total votes against: 9,946
💼 Action for Investors
Investors should review the complete voting results and the scrutinizer's report to understand the shareholder sentiment regarding the proposed amalgamation. Monitor further announcements regarding the scheme's progress and regulatory approvals.
Cigniti Shareholders Approve Merger with Coforge with 99.95% Majority
Shareholders of Cigniti Technologies have overwhelmingly approved the scheme of amalgamation with Coforge Limited in an NCLT-convened meeting held on December 6, 2025. A total of 18.83 million votes were polled, with 99.9472% in favor of the merger and only 0.0528% against. Both the promoter group and public institutional investors showed 100% support for the resolution. This approval is a significant milestone in the integration process of Cigniti into Coforge.
Key Highlights
99.9472% of total votes (18,822,985 shares) were cast in favor of the merger with Coforge Limited.
Promoter group and Public Institutions recorded 100% approval for the amalgamation scheme.
The meeting was conducted via video conferencing following directions from the NCLT Chandigarh Bench.
Only 9,946 votes were cast against the resolution, representing a negligible 0.0528% of the total poll.
The merger process now moves closer to final NCLT sanction and subsequent delisting/swap execution.
💼 Action for Investors
Investors should remain invested as the high approval rate indicates strong confidence in the merger synergies. Monitor for the final NCLT order and the announcement of the record date for share swapping with Coforge.