Saksoft Board Approves Updated Senior Management List

Saksoft Limited has disclosed an updated list of its Senior Management Personnel (SMP) following approval by its Board of Directors on August 07, 2026. The update, submitted to the National Stock Exchange of India Limited and BSE Limited, reflects changes in the company’s leadership structure as reviewed by the Nomination and Remuneration Committee.

The disclosure was made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Meera Venkatramanan, Vice President- Company Secretary and Compliance Officer, signed the communication on behalf of the company.

Updated Senior Management Personnel

The Board approved the following list of seven senior executives as on August 07, 2026:

S. No	Name	Designation
1	Deepankur Kukreja	Chief Growth Officer, UK (effective June 23, 2026)
2	Dhiraj Kumar Mangla	Chief Customer Officer
3	Meera Venkatramanan	Key Managerial Personnel- Vice President- Company Secretary and Compliance Officer
4	Niraj Kumar Ganeriwal	Key Managerial Personnel- Chief Operating Officer and Chief Financial Officer
5	Shankar Harihara Iyer	Chief Growth Officer, US
6	Venkatesh Agarwal	Senior Vice President, Strategy and Growth
7	Venkatram Ramoo	Vice President, Business Unit Head- Emerging Verticals

Leadership Changes

The most notable change in the updated list is the appointment of Deepankur Kukreja as Chief Growth Officer, UK, with effect from June 23, 2026. This addition highlights the company’s focus on expanding its presence in the United Kingdom market.

The remaining six positions include existing key managerial personnel and senior vice presidents overseeing critical functions such as customer relations, compliance, operations, finance, strategy, and emerging business verticals.

The complete information is available on the company’s website at www.saksoft.com .

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.99%	-1.37%	-2.79%	+1.61%	-17.90%	+214.02%

Saksoft Limited reported a consolidated net profit of ₹292.92 lakh for the quarter ended June 30, 2026 (Q1FY27), a 9.45% decline from ₹323.48 lakh in the same quarter of FY26. On a sequential basis, consolidated net profit stood at 293M rupees compared to 359M rupees in the previous quarter. Revenue from operations remained flat year-on-year at ₹248.62 crore, compared to ₹249.07 crore in Q1FY26, while sequentially, revenue came in at 2.5B rupees versus 2.48B rupees in the prior quarter. The results were approved by the Board of Directors on August 07, 2026, and reviewed by statutory auditors R.G.N. Price & Co.

The company's total income stood at ₹250.38 crore, driven by net sales of ₹248.62 crore and other income of ₹17.58 lakh. Total expenses decreased slightly to ₹207.80 crore from ₹209.34 crore in the prior year period, primarily due to lower finance costs of ₹12.63 lakh versus ₹27.76 lakh previously. Profit before tax was ₹42.58 crore, against ₹43.03 crore in Q1FY26. Tax expense rose to ₹13.28 crore from ₹10.69 crore, impacting the bottom line despite stable operational profits.

Key Financial Metrics

The following table summarises the key consolidated financial metrics for Q1FY27, including sequential comparisons:

Metric	Q1FY27	QoQ (Prev. Quarter)
Net Profit	293M Rupees	359M Rupees
Revenue	2.5B Rupees	2.48B Rupees
EBIT	421M Rupees	418M Rupees
EBIT Margin	16.90%	16.79%

On the EBIT front, the company reported 421M rupees for Q1FY27, a marginal improvement from 418M rupees in the previous quarter. The EBIT margin also edged up to 16.90% from 16.79% sequentially, indicating steady operational efficiency despite the year-on-year pressure on net profit driven by higher tax expenses.

Segment Performance

The Emerging Vertical segment continued to be the largest revenue contributor, generating ₹111.78 crore, though this represented a 5.3% decline from ₹118.04 crore in Q1FY26. The BFS segment saw revenue drop 5.0% to ₹73.48 crore from ₹77.37 crore. Conversely, the Logistics segment grew 16.9% to ₹39.83 crore from ₹34.08 crore, and Commerce revenue rose 20.1% to ₹23.54 crore from ₹19.59 crore.

Segment	Revenue (₹ Cr)	YoY Change
Emerging Vertical	111.78	-5.3%
BFS	73.48	-5.0%
Logistics	39.83	+16.9%
Commerce	23.54	+20.1%

Segment results followed a similar pattern, with Emerging Verticals reporting ₹24.01 crore, BFS at ₹10.40 crore, Logistics at ₹8.59 crore, and Commerce at ₹24.02 lakh. Total segment results were ₹45.40 crore, marginally up from ₹45.83 crore in Q1FY26.

Standalone Results

On a standalone basis, Saksoft reported a net profit of ₹25.26 lakh, a significant 34.1% increase from ₹18.83 lakh in Q1FY26. Standalone revenue from operations was ₹121.58 crore, down 3.1% from ₹125.47 crore in the prior year. Total standalone income was ₹134.50 crore, with other income contributing ₹12.91 crore, a substantial rise from ₹19.99 lakh in Q1FY26. Expenses were controlled at ₹101.74 crore, leading to a profit before tax of ₹32.75 crore, up from ₹24.56 crore.

What the Numbers Show

The divergence between consolidated and standalone performance highlights the impact of subsidiary operations and inter-company eliminations. While consolidated revenue remained flat year-on-year, the sequential improvement in EBIT and EBIT margin, alongside growth in Logistics and Commerce segments, suggests improving operational momentum. The rise in tax expense as a percentage of profit before tax—from 24.8% in Q1FY26 to 31.2% in Q1FY27—warrants attention, potentially indicating changes in deferred tax positions or jurisdictional mix. The company continues to monitor developments regarding the New Labour Codes, which resulted in a one-time provision increase in FY26. A proposed merger with wholly-owned subsidiary Augmento Labs Private Limited, with an appointed date of April 1, 2026, has no impact on the current financial results. The Board also noted that previous quarter and year figures have been restated to align with current classification standards.