Sigma Solve reported a sharp acceleration in profitability for the first quarter of FY26, with consolidated net profit rising 142% year-on-year to ₹1,257.53 lakh. The surge was driven by a 11.5% increase in revenue from operations to ₹2,303.22 lakh, coupled with significant operational efficiencies that expanded the EBITDA margin. On July 31, 2026, the Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, alongside the declaration of a final dividend for the financial year ended March 31, 2026.

The Board meeting, held in Ahmedabad, also transacted several key governance matters. The directors proposed the re-appointment of M/s. Mistry & Shah LLP as the Statutory Auditors for a second term of five years, subject to shareholder approval at the upcoming 16th Annual General Meeting (AGM). This appointment follows the completion of their first term. Additionally, the Board approved the draft Director’s Report and the notice for the AGM, along with revisions to borrowing limits under Sections 180(1)(c), 180(1)(a), and 186 of the Companies Act, 2013. M/s. Mukesh H. Shah & Co., Company Secretaries, were appointed as the scrutinizer for the AGM.

Q1FY26 Consolidated Financial Performance

Sigma Solve’s consolidated revenue from operations grew to ₹2,303.22 lakh in Q1FY26, compared to ₹2,065.80 lakh in the corresponding quarter of the previous year. Total income, which includes other income of ₹897.17 lakh, stood at ₹3,200.39 lakh. The company demonstrated robust bottom-line growth, with net profit after tax reaching ₹1,257.53 lakh, a substantial increase from ₹518.39 lakh in Q1FY25.

Note: EBITDA is derived from Profit Before Exceptional Items and Tax as disclosed in the filing.

Standalone Results and Operational Efficiency

On a standalone basis, Sigma Solve reported revenue from operations of ₹840.99 lakh for Q1FY26, slightly lower than ₹900.42 lakh in the preceding quarter but up from ₹857.65 lakh in Q1FY25. Standalone net profit after tax rose to ₹188.80 lakh from ₹125.34 lakh in the same quarter last year. Employee benefit expenses remained stable at ₹532.02 lakh, while finance costs decreased to ₹4.22 lakh from ₹7.07 lakh in Q1FY25, contributing to improved margins.

The company’s total comprehensive income for the quarter was ₹1,252.43 lakh on a consolidated basis. Other comprehensive income (OCI) showed a minor negative impact of ₹5.10 lakh, primarily due to items not reclassified to profit or loss. The paid-up equity share capital remained unchanged at ₹1,027.75 lakh.

What the Numbers Show

The most striking aspect of Sigma Solve’s Q1FY26 performance is the divergence between top-line growth and bottom-line expansion. While revenue grew by a healthy 11.5%, net profit more than doubled, indicating significant operating leverage. The reduction in finance costs and controlled employee benefits, despite revenue growth, suggest effective cost management. Furthermore, the substantial contribution from other income (₹897.17 lakh) in the consolidated results highlights a diversified income stream beyond core operations, which investors should monitor for sustainability in subsequent quarters.

Sigma Solve Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 19, 2026. The statutory auditors, M/s. Mistry & Shah LLP, issued an unmodified opinion on the financial statements. The company has also published the extract of these results in the Financial Express.

Financial Performance

For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹2,390.18 lakh, an increase from ₹1,908.80 lakh in the previous year. Total income rose to ₹10,020.30 lakh from ₹7,757.42 lakh in FY25. On a standalone basis, net profit for the year stood at ₹694.83 lakh, compared to ₹557.40 lakh in the corresponding period last year.

Board Decisions

During the meeting, the board appointed M/s. Venish A Sanghvi & Co., Chartered Accountants, as the internal auditor for the financial year 2026-27. The firm, based in Ahmedabad, brings over eight years of experience in taxation and auditing. Additionally, the board approved the recommendation of a final dividend of ₹0.50 per equity share for FY 2024-25, which was previously approved by shareholders in September 2025.

Operational Details

The company's paid-up equity share capital remained at ₹1,027.75 lakh with a face value of ₹1 per share. Effective October 6, 2025, the company split its shares, converting each share of ₹10 face value into 10 shares of ₹1 each. The trading window, which was closed from April 1, 2026, will reopen 48 hours after the financial results are made public.