IT Consulting & Software company Cigniti Technologies announced Q4FY23 & FY23 results:
- Consolidated Revenue from operations for Q4FY23 stood at Rs 424.97 crore as against Rs 344.08 crore in Q4FY22
- EBITDA margin for Q4FY23 was at 16.1% and EBITDA stood at 68.37 crore, up by 109.6% compared to Q4FY22
- Company during the quarter has won 12 new clients
- For the fiscal year FY23, the company has reported total revenue of Rs 1,647.58 crore, a 32.7% increase over FY22
- EBITDA and Net profit for FY23 were Rs 237.70 crore and Rs 168.32 crore, representing 83.9% and 83.5% increase over the previous year