Sasken Technologies Reports 24% Year-on-Year Revenue Growth in Q1 FY27; Services Drive Performance

Sasken Technologies Reports 24% Year-on-Year Revenue Growth in Q1 FY27; Services Drive Performance​

Sasken Technologies Ltd., a global provider of product engineering and digital transformation services, announced its financial results for the quarter ended June 30, 2026. Consolidated revenue saw significant growth, rising 24.0% year-on-year to ₹ 339.24 crores, reflecting resilient performance across its business units.

The company reported a consolidated Profit After Tax (PAT) of ₹ 23.52 crores for Q1 FY27, achieving a PAT margin of 6.9%. This results follow steady sequential revenue growth of 1.6% compared to the previous quarter. Consolidated EBIT for the period stood at ₹ 21.34 crores, marking a strong increase of 289.8% year-on-year (YoY) and achieving an EBIT margin of 6.3%.

Key highlights from the consolidated results include:

• Revenue: The company recorded total income from operations at ₹ 33,923.85 lakhs for Q1 FY27, up significantly compared to the prior year's corresponding quarter.
• Contract Bookings: Total contract value booked during the quarter reached US$ 47.1 million, with US$ 33.7 million originating from new business. Five new logos were added during the period.

Segment and Operational Strengths​

The performance was underpinned by strong momentum in the Software Services segment, which saw revenue growth of 24.3% YoY. The Product Solutions business also remained resilient, showing a 23.6% increase over the prior year, despite navigating industry-wide memory supply and pricing pressures.

Mr. Rajiv C. Mody, CMD & CEO of Sasken Technologies Ltd., stated that the quarter illustrates "the continued progress we are making in building a more resilient and differentiated Sasken," attributing growth to deep customer partnerships and the ability to bring a product mindset to client engagements.

The company secured multiple strategic engagements during the quarter, including a multi-year deal with a global hyperscaler for next-generation device engineering capacity across various chipset platforms. Other key wins include developing Massive MIMO technology for Open RAN with a global telecom provider, establishing dedicated product teams for a major automotive technology provider, and expanding AI and automation work with a leading global technology company focusing on agentic AI and LLM validation.

Strategic Investments and People Focus​

Sasken Technologies continued its focus on capability building and talent investment during Q1 FY27. The company inaugurated the Sasken Silicon Incubation Centre in Hubbali to strengthen collaboration with universities, alongside opening a new center of excellence in Hyderabad to expand engineering access.

In terms of workforce management, the company reported that its global headcount stood at 2,658 as of June 30, 2026. The last twelve month (LTM) attrition rate was recorded at 9.8%.

The company received external recognition for its focus on sustainability and workforce practices, including a Diamond rating at the iNFHRA Awards for Environmental Impact Reduction and a BCIC Sustainability Award for Best Sustainability Practices on Climate Action.

Sasken Technologies remains committed to converting recent deal wins into long-term programs, focusing on strengthening the stability and profitability of its diversified business mix across services, semiconductor design, and ODM offerings.

SASKEN Stock Price Movement​

Today, shares of Sasken Technologies Limited surged as the stock settled at ₹1811.8 after closing for the day, rising 4.29%. The equity traded within an intraday range spanning from a low of ₹1740.9 to a high of ₹1829, and saw a volume of 60,540 shares.