Sasken Technologies reported a consolidated profit after tax (PAT) of ₹23.52 crore for the quarter ended June 30, 2026, marking a 135.1% year-on-year increase from ₹10.01 crore in Q1FY26. The strong bottom-line performance was driven by a 24.0% surge in revenue from operations to ₹339.24 crore, alongside significant margin expansion as EBITDA rose to ₹32.12 crore, up 119.4% YoY. This result underscores improved operational leverage and robust demand in its software services segment, which grew 24.3% YoY, while the product solutions segment stabilized despite industry-wide supply chain pressures.

The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on July 31, 2026. M S K A & Associates LLP served as the statutory auditor, expressing an unmodified opinion on the results in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that its active customer base expanded to 93 clients, with six customers contributing over US$4 million in last-twelve-month (LTM) revenue.

Financial Performance Overview

Consolidated revenue from operations stood at ₹339.24 crore in Q1FY27, compared to ₹273.53 crore in the corresponding period of the previous year. While revenue grew modestly by 1.6% sequentially from Q4FY26, the year-on-year growth reflects sustained momentum in core business lines. Gross profit increased by 48.3% YoY to ₹74.37 crore, with gross margins expanding to 21.9% from 18.3% in Q1FY26. EBITDA margin improved significantly to 9.47% from 5.36% YoY, driven by disciplined cost management and higher utilization rates, which reached 85.1% during the quarter.

Segment-wise Analysis

Software Services remained the primary growth engine, contributing ₹219.56 crore to revenue, up 24.3% YoY. The segment's gross margin expanded to 30.6% from 23.4% in Q1FY26, reflecting higher utilization and scale benefits. Product Solutions revenue reached ₹119.68 crore, growing 23.6% YoY despite moderating 3.9% sequentially due to supply chain pressures in memory components. However, the segment performed ahead of expectations, supported by contractual pass-throughs of increased memory costs and higher shipment volumes.

Order Book and Strategic Wins

Total contract value (TCV) booked during the quarter was US$47.1 million, including US$33.7 million from new business. Key wins included multi-year engagements with global hyperscalers for next-generation device engineering, Open RAN technology development for a major telecom provider, and expanded AI-led engineering projects. The company added five new logos, reinforcing its diversification strategy across hyperscaler engineering, semiconductor design, and automotive connectivity.

What the Numbers Show

The divergence between sequential PAT decline (-18.9%) and robust YoY growth highlights the seasonal nature of the Product Solutions segment, which moderated after a strong Q4FY26. However, the consistent expansion in Software Services margins and the addition of high-value strategic accounts suggest improving earnings quality. With top-five customer concentration at 50.8% and top-ten at 66.1%, Sasken is actively broadening its client base to mitigate dependency risks while leveraging its Chip-to-Cognition capabilities for deeper engagement.

Sasken Technologies Limited conducted its earnings call on August 3, 2026, to discuss the audited financial results for the quarter ended June 30, 2026. The virtual meeting, held from the company’s registered office in Bengaluru, commenced at 4 PM IST and concluded at 5 PM IST. This disclosure serves to inform stakeholders that the recording of the discussion regarding Q1FY27 performance is now publicly accessible.

The company submitted the audio and video recording to the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE) prior to trading hours on August 4, 2026. This action complies with Regulation 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The recording is hosted on the company’s investor relations page under the path "FINANCIAL YEAR 2026-2027: Q1 | Q1 FY27 Earnings Call - Recording".

Regulatory Compliance Details

The earnings call was initiated in accordance with Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations. A previous intimation regarding the schedule was issued on July 29, 2026. The transcript of the call is scheduled for submission to the stock exchanges and will be hosted on the same web link as the recording.

Disclosure Authority

Paawan Bhargava, Company Secretary of Sasken Technologies Limited, signed the disclosure letter dated August 4, 2026. The document was digitally signed and uploaded via web upload to both BSE and NSE listing departments. The company’s registered address remains at 139/25, Ring Road, Domlur, Bengaluru 560071, India.