Sasken Technologies Limited – Q1 FY26 Results Summary
Announcement Date: August 14, 2025
Financial Highlights (Consolidated):
- Revenue: ₹273.53 crores, up 84.8% QoQ and 121.7% YoY
- EBIT: ₹50.14 crores, +58.1% QoQ and +150% YoY
- Profit After Tax (PAT): ₹10.01 crores, down 13.0% QoQ and 43.4% YoY
- PAT Margin: ~3.7%
- Earnings Per Share (Basic): ₹6.24
Standalone Performance:
- Revenue: ₹118.34 crores, up 3.5% QoQ and 17.7% YoY
- PAT: ₹9.17 crores, down 19.8% QoQ and 38.2% YoY
- EPS (Basic): ₹6.07
Balance Sheet & Operational Metrics:
- Total consolidated assets: ₹1,157.54 crores
- Headcount increased 16% QoQ to 2,196 employees
- Attrition at lowest-ever 7.3% LTM
Segment Performance:
- Software Services: ₹176.70 crores revenue, ₹41.41 crores EBIT
- Product Solutions (from Borqs acquisition): ₹96.83 crores revenue, ₹8.73 crores EBIT
Key Developments:
- Acquisition of Borqs International Holding Corp effective April 8, 2025; integration ongoing with provisional purchase price allocation
- Order book at $51.7 million, including $27.4 million new business
- Seven new client wins including major automotive Tier-1 suppliers and global technology leaders
- Strategic partnership with Microsoft Devices Ecosystem Platform (MDEP)
- Investments in ARM-based Virtual Cockpit platform, AI/Generative AI accelerators, computer vision, and cybersecurity
Management Commentary & Outlook:
- Industry trends favor software-centric automotive architectures, 5G, AI adoption, and cybersecurity compliance
- Focus on expanding product solutions and leveraging Borqs capabilities through strategic partnerships
- No changes in accounting policies; no material uncertainties reported
- Purchase price allocation for Borqs acquisition to be finalized within 12 months
This summary reflects Sasken’s significant revenue growth driven by the Borqs acquisition and new business wins, alongside ongoing strategic investments and operational expansion.