Sasken Technologies Limited announced its audited standalone and consolidated financial results for the quarter ended June 30, 2026, approved by the Board of Directors at a meeting held on July 31, 2026 from 11:30 am to 4:15 pm.

Financial Results (Consolidated)

Income Statement (₹ in lakhs):

  • Total income from operations: ₹34,891.03 for Q1 FY27 (₹34,935.61 in Q4 FY26, ₹28,113.49 in Q1 FY26)
  • Net profit before tax: ₹2,957.09 for Q1 FY27 (₹3,742.75 in Q4 FY26, ₹1,201.25 in Q1 FY26)
  • Net profit after tax: ₹2,352.15 for Q1 FY27 (₹2,900.19 in Q4 FY26, ₹1,000.57 in Q1 FY26)
  • Total comprehensive income: ₹2,169.86 for Q1 FY27 (₹5,133.70 in Q4 FY26, ₹847.87 in Q1 FY26)

Key Metrics:

  • Earnings per share (basic): ₹16.37 for Q1 FY27 (₹17.79 in Q4 FY26, ₹6.24 in Q1 FY26)
  • Earnings per share (diluted): ₹16.32 for Q1 FY27 (₹17.72 in Q4 FY26, ₹6.21 in Q1 FY26)
  • Paid-up equity share capital: ₹1,518.65 lakhs (face value ₹10 per share)
  • Other equity: ₹83,956.37 lakhs (excluding non-controlling interests)

Segment Performance (₹ in lakhs):

  • Software Services revenue: ₹21,955.88 (24.3% YoY growth)
  • Product Solutions revenue: ₹11,967.97 (23.6% YoY growth)
  • Total segment revenue: ₹33,923.85
  • Software Services segment result: ₹6,729.24 profit before tax and interest
  • Product Solutions segment result: ₹708.12 profit before tax and interest

Financial Results (Standalone)

Income Statement (₹ in lakhs):

  • Total income: ₹16,940.18 for Q1 FY27
  • Profit before tax: ₹3,644.23 for Q1 FY27
  • Profit after tax: ₹2,885.58 for Q1 FY27
  • Earnings per share (basic): ₹19.00 for Q1 FY27

Business Performance Highlights

Revenue Growth:

  • Consolidated revenue: ₹339.24 crores, up 1.6% sequentially and 24.0% YoY
  • Software Services grew 24.3% YoY
  • Product Solutions grew 23.6% YoY but declined 3.9% sequentially

Profitability:

  • EBIT: ₹21.34 crore (6.3% margin), down 6.6% sequentially but up 289.8% YoY
  • PAT: ₹23.52 crore (6.9% margin), down 18.9% sequentially but up 135.1% YoY
  • EBITDA: ₹32.12 crore (9.5% margin)

Order Book:

  • Total contract value: $47.1 million
  • New business: $33.7 million
  • Five new logos added

Major Order Wins:

  • Multi-year engagement with global hyperscaler for next-generation device engineering
  • Strategic engagement with global telecom company for Massive MIMO technology development
  • Dedicated product teams for leading automotive technology provider for 4G/5G telematics
  • Expanded AI and automation work with global technology company
  • 5G timing-synchronization program for broadband infrastructure company
  • Core engineering support for global IoT connectivity provider

Operational Metrics:

  • Global headcount: 2,658 employees
  • LTM attrition: 9.8%
  • Utilization: 85.1%
  • Top 5 customer concentration: 50.8%
  • Top 10 customer concentration: 66.1%

Subsidiary Information

The consolidated results include 13 entities:

1. Multiple subsidiaries (some under liquidation process)

2. Sasken Silicon Technologies Private Limited

3. Sasken Silicon Inc. (Step-down Subsidiary)

4. Borqs International Holding Corp (Cayman Island)

5. New Borqs Technologies (Beijing) Company, Ltd. (China)

6. BORQS Technologies (HK) Limited (Hong Kong)

7. Borqs Technologies India Private Limited

8. Sasken Employees Welfare Trust

9. Sasken Foundation

One step-down subsidiary contributed revenue of ₹6,543.83 lakhs, net profit of ₹64.71 lakhs, and total comprehensive income of ₹103.46 lakhs for the quarter, audited by other auditors.

Management Commentary

Mr. Rajiv C. Mody, Chairman, Managing Director & CEO, stated: "The quarter reflects the continued progress we are making in building a more resilient and differentiated Sasken. Our growth is increasingly being shaped by deeper customer partnerships and our ability to bring a product mindset to every engagement."

The company highlighted progress on its 60×4×3 strategy, with active customer base reaching 93 and six customers in the $4 million-plus LTM revenue band. AI remains central to value creation, with investments in AI-enabled offerings and internal productivity improvements.

Additional Information

The full format of financial results is available on the company's website (www.sasken.com) and stock exchange websites. The extract of audited consolidated financial results will be published in newspapers as required under Regulation 47(1)(b) of Listing Regulations.