Saksoft Reports Strong Q2 FY2026 Performance with Revenue and Profit Growth, Declares Interim Dividend

1 min read     Updated on 10 Nov 2025, 12:55 PM
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Jubin VergheseScanX News Team
Overview

Saksoft Limited announced strong financial results for Q2 FY2026. Consolidated net sales reached Rs. 25,849.30 lakhs, a 20.07% year-over-year increase. Net profit rose to Rs. 3,596.70 lakhs, marking a 36.95% growth. The company declared an interim dividend of Re. 0.45 per equity share. Basic earnings per share improved to Rs. 2.80. Saksoft also reported growth across its four key segments: BFS, Logistics, Emerging vertical, and Commerce. A correction in paid-up equity share capital was noted, revising it from Rs. 1011.58 lakhs to Rs. 1274.83 lakhs.

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*this image is generated using AI for illustrative purposes only.

Saksoft , a leading digital transformation company, has announced its financial results for the second quarter of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

Saksoft Limited reported consolidated net sales of Rs. 25,849.30 lakhs for the quarter ended September 30, 2025, compared to Rs. 21,528.95 lakhs in the same quarter of the previous year, representing a year-over-year growth of 20.07%.

The company's net profit for the quarter reached Rs. 3,596.70 lakhs, up from Rs. 2,626.29 lakhs in the corresponding quarter of 2024, marking a substantial increase of 36.95%.

For the half-year period ended September 30, 2025:

Metric H1 FY2026 H1 FY2025 YoY Change
Net Sales 50,756.75 41,629.57 21.92%
Net Profit 6,831.49 5,174.85 32.01%

All figures in Rs. lakhs

Segment Operations

Saksoft operates across four key segments:

  1. BFS (Banking and Financial Services)
  2. Logistics
  3. Emerging vertical
  4. Commerce

Dividend Announcement

The Board of Directors has declared an interim dividend of Re. 0.45 per equity share (45%) of face value Re. 1.00 each for the financial year 2025-26.

Earnings Per Share

Basic earnings per share for the quarter improved to Rs. 2.80, up from Rs. 2.06 in the previous year, reflecting the company's strong financial performance.

Correction in Paid-up Equity Share Capital

Saksoft has made a correction to its paid-up equity share capital figure, revising it from Rs. 1011.58 lakhs to Rs. 1274.83 lakhs in its filing.

Looking Ahead

While the company has not provided explicit forward-looking statements, the consistent growth in key financial metrics suggests a positive trend for Saksoft. The company's focus on digital transformation services across diverse segments positions it well in the current technology-driven business environment.

Note: All financial figures are in Indian Rupees (Rs.) and comparisons are made on a year-over-year basis unless otherwise stated.

Historical Stock Returns for Saksoft

1 Day5 Days1 Month6 Months1 Year5 Years
+2.24%+8.32%+19.56%+21.71%+2.89%+767.07%
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Saksoft Appoints Shankar Harihara Iyer as Chief Growth Officer for North America

1 min read     Updated on 13 Oct 2025, 06:39 PM
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Reviewed by
Suketu GalaScanX News Team
Overview

Saksoft Limited has appointed Mr. Shankar Harihara Iyer as the Chief Growth Officer for North America at its US subsidiary, Saksoft Inc., effective October 13, 2025. Mr. Iyer brings over two decades of experience in Tech Services across US, Europe, and India, with expertise in business growth, account management, and technical solutions. His background spans various sectors including finance, banking, insurance, retail, and manufacturing. The appointment, approved by Saksoft's Board of Directors, aligns with the company's strategy to expand in the North American market.

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*this image is generated using AI for illustrative purposes only.

Saksoft Limited , a leading IT solutions company, has announced a significant addition to its leadership team. The company has appointed Mr. Shankar Harihara Iyer as the Chief Growth Officer for North America at its US subsidiary, Saksoft Inc., effective October 13, 2025.

Key Appointment Details

Position Chief Growth Officer, North America
Company Saksoft Inc. (US subsidiary of Saksoft Limited)
Effective Date October 13, 2025
Appointee Mr. Shankar Harihara Iyer

Approval Process

The appointment was approved by Saksoft Limited's Board of Directors, following a recommendation from the Nomination and Remuneration Committee. This decision aligns with the company's strategic focus on expanding its presence in the North American market.

Professional Background

Mr. Iyer brings a wealth of experience to his new role:

Aspect Details
Experience Over two decades in Tech Services
Geographical Exposure US, Europe, and India
Key Expertise Business growth, account management, technical solutions
Industry Focus Finance, Banking, Insurance, Retail, Manufacturing, among others
Educational Qualification B.Tech in Electronics Engineering

Mr. Iyer's extensive experience spans across various sectors, including professional services, finance, banking, insurance, retail, high-tech, life sciences, manufacturing, travel, and utilities. His proven track record in anchoring new business growth, managing existing accounts, and providing technical solutions positions him well for driving Saksoft's growth initiatives in North America.

Company Disclosure

In compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Saksoft Limited has made this appointment public. The company has also confirmed that Mr. Iyer is not related to any Director of the Company, ensuring transparency in corporate governance.

This strategic appointment underscores Saksoft's commitment to strengthening its leadership team and expanding its footprint in the North American market. As the new Chief Growth Officer, Mr. Iyer is expected to play a crucial role in driving the company's growth strategies and enhancing its market position in the region.

Historical Stock Returns for Saksoft

1 Day5 Days1 Month6 Months1 Year5 Years
+2.24%+8.32%+19.56%+21.71%+2.89%+767.07%
like19
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