Sigma Solve Appoints VP-Delivery, Opens Pune Center Amid Strong Q4 and FY25 Growth

2 min read     Updated on 19 Aug 2025, 03:33 PM
scanx
Reviewed by
Naman SharmaBy ScanX News Team
whatsapptwittershare
Overview

Sigma Solve announced significant organizational changes and financial results for Q4 and FY25. The company appointed Mr. Nitin Sant as Vice President - Delivery and opened a new center in Pune. FY25 revenue grew 17.1% to ₹76.17 crores, while Q4 sales surged 45.1% year-over-year to ₹23.54 crores. The company's EBITDA for FY25 increased by 11.5% to ₹25.74 crores. Sigma Solve expects continued growth in FY26, driven by expansion in North America, Europe, and the Middle East, along with investments in AI, cybersecurity, and blockchain solutions.

17143424

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

Sigma Solve , a global leader in digital IT solutions, has announced significant organizational changes and robust financial results for Q4 and FY25, marking a period of strategic expansion and strong performance.

Key Highlights

  • Appointment of Mr. Nitin Sant as Vice President - Delivery
  • Opening of new Delivery and Client Engagement Center in Pune
  • FY25 revenue grew 17.1% to ₹76.17 crores
  • Q4 sales surged 45.1% year-over-year to ₹23.54 crores

Strategic Appointments and Expansion

Sigma Solve has appointed Mr. Nitin Sant as Vice President - Delivery, bringing over 20 years of experience in enterprise IT delivery and digital transformation. Sant's impressive career includes leadership roles at Cybage, Evolent Health International, and AMDOCS India. His expertise in managing global delivery engagements, executing large-scale fixed-bid programs, and championing Agile & SAFe delivery methodologies is expected to significantly strengthen Sigma Solve's delivery capabilities.

Coinciding with Sant's appointment, the company has opened a new Delivery and Client Engagement Center in Pune. This expansion marks Sigma Solve's commitment to investing in talent, infrastructure, and proximity to clients.

Mr. Prakash Parikh, Managing Director of Sigma Solve, commented on these developments: "We are thrilled to welcome Mr. Nitin Sant at a time when Sigma Solve is accelerating its growth across delivery, innovation, and regional outreach. His leadership will play a pivotal role in strengthening our delivery engine and scaling it with consistency, agility, and client-focused excellence."

Strong Financial Performance

Sigma Solve reported impressive financial results for both Q4 and FY25:

Metric FY25 YoY Growth Q4 FY25 YoY Growth
Revenue from Operations ₹76.17 cr 17.1% ₹23.54 cr 45.1%
EBITDA ₹25.74 cr 11.5% ₹9.72 cr 63.2%
PAT ₹19.09 cr -1.2% ₹6.82 cr 28.3%
EPS (₹) 18.57 18.3% 6.64 28.2%

The company's growth was primarily driven by strong demand for its digital transformation services, blockchain solutions, and enterprise modernization offerings across cloud, DevOps, and data analytics.

Business Outlook

Looking ahead to FY26, Sigma Solve expects continued healthy revenue growth, supported by:

  • Expansion in North America, Europe, and Middle East regions
  • Growing demand for enterprise cloud migration and DevOps automation
  • New investments in AI-enabled analytics, cybersecurity, and blockchain solutions
  • Scaling up strategic partnerships with Snowflake and digital commerce capabilities with Shopify

Mr. Parikh expressed optimism about the company's future, stating, "Our Q4 performance reflects the accelerating demand for digital solutions across markets and our ability to deliver scalable, secure, and intelligent IT services. While full-year growth was healthy, we are particularly proud of our fourth-quarter momentum, which sets a strong base for FY26."

As Sigma Solve continues to invest in talent, R&D, and market expansion, the company appears well-positioned to capitalize on the growing demand for digital transformation services and deliver long-term value to its clients and stakeholders.

Historical Stock Returns for Sigma Solve

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%+3.49%+2.54%+40.49%-0.95%+30.36%
Sigma Solve
View in Depthredirect
like18
dislike

Sigma Solve Inc. Strengthens Leadership with Appointment of Ian Grunes as Chief Operations Officer

1 min read     Updated on 14 Aug 2025, 11:19 AM
scanx
Reviewed by
Riya DeyBy ScanX News Team
whatsapptwittershare
Overview

Sigma Solve Limited has appointed Ian Grunes as the new Chief Operations Officer (COO) of its US subsidiary, Sigma Solve Inc. Grunes brings over 35 years of international experience in revenue strategy, global sales leadership, digital transformation, and operational excellence. His responsibilities include driving revenue initiatives, scaling business development, overseeing operational transformation, and aligning technology, sales, and delivery functions. This appointment is part of Sigma Solve's strategy to strengthen its presence in the US market, which is central to the company's global expansion plans.

16696157

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

Sigma Solve Limited has announced a significant leadership addition to its wholly-owned US subsidiary, Sigma Solve Inc. The company has appointed Ian Grunes as the new Chief Operations Officer (COO), a move aimed at bolstering its global expansion strategy and enhancing its competitive edge in the US market.

Extensive Experience and Expertise

Ian Grunes brings over 35 years of international experience to his new role at Sigma Solve Inc. His expertise spans several critical areas, including:

  • Revenue strategy
  • Global sales leadership
  • Digital transformation
  • Operational excellence

Throughout his career, Grunes has demonstrated his ability to scale cross-border operations, lead high-impact commercial initiatives, and transform underperforming business verticals into profitable growth engines.

Key Responsibilities

In his role as COO, Grunes will be tasked with several crucial responsibilities:

  • Driving revenue-generating initiatives across US and global markets
  • Scaling business development with a focus on high-growth industry verticals
  • Overseeing operational transformation to enhance profitability
  • Aligning technology, sales, and delivery functions for improved execution
  • Deepening customer relationships and enhancing client experience
  • Supporting Sigma Solve's global shift toward sustainable, innovation-led growth

Strategic Importance for Sigma Solve

The appointment of Ian Grunes as COO underscores Sigma Solve's commitment to strengthening its leadership presence in key markets. The United States serves as a strategic hub for the company's digital transformation, enterprise software, AI/ML solutions, and cloud-native offerings.

Prakash Parikh, Managing Director of Sigma Solve Limited, emphasized the significance of this appointment, stating, "The US market is central to Sigma Solve's global expansion strategy. With Ian's extensive operational expertise, strategic mindset, and proven leadership, we are confident that our wholly-owned subsidiary in the US will accelerate growth, enhance competitiveness, and deliver long-term value for all stakeholders."

About Sigma Solve Limited

Sigma Solve Limited is a digital transformation partner providing cutting-edge technology solutions worldwide. The company operates from its headquarters in India, with a significant presence in the United States through Sigma Solve Inc. and in the UAE. Their core service offerings include:

  • Custom enterprise software development
  • Cloud-native and SaaS solutions
  • Artificial Intelligence (AI) and Machine Learning (ML) applications
  • eCommerce platform development
  • Mobile application development
  • Data analytics and automation

This strategic appointment of Ian Grunes as COO of Sigma Solve Inc. is expected to play a crucial role in scaling the company's capabilities and driving growth in the US market, further solidifying Sigma Solve's position as a global player in the digital transformation landscape.

Historical Stock Returns for Sigma Solve

1 Day5 Days1 Month6 Months1 Year5 Years
-0.22%+3.49%+2.54%+40.49%-0.95%+30.36%
Sigma Solve
View in Depthredirect
like18
dislike
More News on Sigma Solve
Explore Other Articles
394.15
-0.85
(-0.22%)