Comments
Cigniti Technologies, a digital assurance and engineering services company, has posted a consolidated net profit of ₹31 crore in the first quarter ended June 30, 2022, as against ₹20.42 crore in the comparable quarter last year, showing a growth of 51.8 per cent.
It registered a revenue of ₹378 crore in the quarter as against ₹264.36 crore in the comparable quarter last year, showing a growth of 43 per cent.
“We have a few multi-million dollar wins in the quarter and this will accelerate our growth in the coming quarters,” said CV Subramanyam, Chairman and Managing Director of Cigniti.
“The acquisition of Aparaa Digital (RoundSqr), which offers artificial intelligence/machine learning, data and blockchain engineering services, will enable us to become a leader in digital assurance and digital engineering services,” he said in a statement.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.