Sasken Technologies has announced its financial results for the second quarter, revealing a mixed performance with a notable interim dividend declaration.

Financial Highlights

• Interim Dividend: The Board of Directors has declared an interim dividend of ₹12 per equity share.
• Q2 Consolidated Net Profit: Declined to ₹98.00 million from ₹120.50 million year-over-year.
• Q2 Revenue: Doubled to ₹2.60 billion from ₹1.30 billion in the same period last year.
• EBITDA: Increased significantly to ₹150.00 million from ₹45.00 million year-over-year.
• EBITDA Margin: Improved to 5.87% from 3.36% compared to the previous year.

Performance Analysis

Sasken Technologies demonstrated strong top-line growth in Q2, with revenue doubling year-over-year. This substantial increase indicates robust demand for the company's product engineering and digital transformation services.

Despite the impressive revenue growth, the company experienced a decline in net profit. This could be attributed to increased operational costs or investments in growth initiatives. However, the significant improvement in EBITDA and EBITDA margin suggests enhanced operational efficiency and cost management.

Strategic Developments

The company's Q2 performance reflects its resilience and commitment to long-term value creation. Rajiv C. Mody, CMD & CEO of Sasken Technologies, stated, "Our Q2 performance reflects the continued resilience of Sasken's business model and our commitment to building long-term value. Despite a soft quarter sequentially, we delivered strong year-on-year growth, improved operating margins, and healthy profitability."

Sasken is focusing on executing strategic priorities, enhancing operational efficiency, and investing in emerging technology areas to drive sustainable growth.

Business Segments and Order Book

Sasken operates in two main segments:

1. Software Services: Achieved 6% sequential growth despite seasonally softer Nordic summer period.
2. Product Solutions: Experienced temporary softness due to technical challenges and program-specific delays.

The total order book for the quarter stood at $28.50 million, with $20.20 million coming from new business. The company also signed four new logos during this period.

Future Outlook

Priyaranjan, CFO of Sasken Technologies, commented on the financial performance, saying, "Our financial performance this quarter reflects steady progress toward building a sustained growth trajectory. While some pursuits may take longer to translate into outcomes, we continue to proactively address margin softness through effective cost and delivery management."

The company remains focused on scaling efficiently and judiciously deploying cash reserves to reinvest in growth and capability building, ensuring long-term value creation.

Dividend Details

The interim dividend of ₹12 per equity share (120% of face value) will be paid to eligible shareholders. The Record Date is set for Thursday, November 13, and the dividend will be paid on or after Wednesday, November 19.

As Sasken Technologies navigates through a period of revenue growth and profit challenges, the substantial interim dividend demonstrates the company's commitment to shareholder returns while balancing investments for future growth.

Sasken Technologies Limited , a leading provider of product engineering and digital transformation services, has successfully completed the shareholder approval process for the appointment of Ms. Meeta Malhotra as an Additional Director in the Non-Executive Independent category. The appointment, which was effective October 22, 2025, has now received overwhelming shareholder support through a postal ballot process.

Shareholder Approval Results

The postal ballot results announced on January 6, 2026, demonstrated strong shareholder confidence in the appointment. The voting details are as follows:

Key Details of the Appointment

About Meeta Malhotra

Ms. Malhotra brings a wealth of experience to Sasken Technologies, with over 25 years of leadership in brand consulting, marketing, and design. Her impressive background includes:

• Partner at Ray+Keshavan, a leading brand consultancy acquired by WPP
• Co-Founder of Kinetic Glue, a SaaS collaboration platform acquired by BMC Software
• Current member of the Management Committee of Plaksha University
• Stanford Distinguished Careers Institute Fellow (2024–25)
• Volunteer consultant for the Stanford Seed program

Postal Ballot Process Details

The postal ballot was conducted in compliance with the Companies Act, 2013 and SEBI Listing Regulations. Key process highlights include:

The appointment was based on the recommendation of Sasken Technologies' Nomination and Remuneration Committee and approved by the Board of Directors. In compliance with regulatory requirements, the company confirmed that Ms. Malhotra has not been debarred from holding the office of Director by any regulatory authority.

Strategic Implications

This appointment aligns with Sasken Technologies' commitment to maintaining a diverse and experienced board. Ms. Malhotra's extensive background in brand strategy and entrepreneurship is expected to bring fresh perspectives to the company's strategic decisions, particularly in areas of brand development and technology innovation. The overwhelming shareholder support demonstrates confidence in the board's decision and the value Ms. Malhotra is expected to bring to the organization.