Saksoft Limited Announces Senior Management Personnel Resignation

1 min read     Updated on 15 Dec 2025, 02:56 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Mr. Deepak Agarwal, Business Unit Head-Ecommerce and Senior Management Personnel at Saksoft Limited, has resigned effective December 12, 2025. The resignation was communicated via email on December 9, 2025, with Agarwal committing to a smooth transition and handover process. Saksoft disclosed this information to stock exchanges on December 15, 2025, in compliance with SEBI regulations.

27336402

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

Saksoft Limited has announced the resignation of a senior management personnel in compliance with regulatory disclosure requirements. The IT services company submitted the mandatory disclosure to stock exchanges on December 15, 2025.

Senior Management Departure

Mr. Deepak Agarwal, who served as Business Unit Head-Ecommerce and was designated as Senior Management Personnel (SMP) of the company, has resigned from his position with Saksoft Limited Group. The resignation became effective from December 12, 2025.

Parameter Details
Personnel Name Mr. Deepak Agarwal
Position Business Unit Head-Ecommerce
Designation Senior Management Personnel (SMP)
Reason for Change Resignation
Effective Date December 12, 2025

Resignation Communication

In his resignation email dated December 9, 2025, Mr. Agarwal addressed his decision to step down from his role as Director of the eCommerce Business Unit (Solveda). He expressed gratitude for the opportunities and experiences gained during his tenure, particularly highlighting the period following Solveda's acquisition by Saksoft.

The outgoing executive committed to ensuring a smooth transition process, stating his intention to support the team and provide thorough handover of responsibilities. He indicated that all account managers and delivery managers would receive formal handovers for their respective clients and projects.

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided the requisite information as mandated under clause 7C of Part A of Schedule III of the Listing Regulations, in line with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Saksoft Limited has made this information available on its official website at www.saksoft.com , ensuring transparency and accessibility for stakeholders and investors.

Historical Stock Returns for Saksoft

1 Day5 Days1 Month6 Months1 Year5 Years
-0.95%+1.46%-2.89%+6.72%-7.63%+576.05%
like19
dislike

Saksoft Reports Robust Q2 FY26 Results with 20% Revenue Growth and Margin Expansion

1 min read     Updated on 18 Nov 2025, 12:31 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Saksoft Limited reported robust Q2 FY26 financial results. Revenue increased by 20% year-on-year to INR 258.00 crores, while EBITDA grew 38% to INR 51.00 crores. Net profit rose 38% to INR 36.00 crores. The company's H1 FY26 performance showed 22% revenue growth and 32% net profit growth. Saksoft maintains a diverse geographic presence with 44% revenue from the US, 21% from Europe, and 35% from Asia Pacific. The company is expanding its AI capabilities through new accelerators like SakMod and SakCelerate. Saksoft reaffirmed its FY26 revenue guidance of INR 1,000.00-1,100.00 crores.

24994892

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

Saksoft Limited , a leading digital transformation company, has reported strong financial results for the second quarter of fiscal year 2026, demonstrating significant growth and improved profitability.

Financial Highlights

  • Revenue reached INR 258.00 crores, marking a 20% year-on-year growth
  • EBITDA stood at INR 51.00 crores, up 38% year-on-year
  • EBITDA margin expanded to 19.58%, an improvement of 250 basis points
  • Net profit increased by 38% year-on-year to INR 36.00 crores

Half-Year Performance

For the first half of FY26, Saksoft's financial performance remained robust:

  • Revenue: INR 508.00 crores (22% YoY growth)
  • EBITDA: INR 96.00 crores (34% YoY growth)
  • EBITDA margin: 19.00% (175 basis points improvement)
  • Net profit: INR 68.00 crores (32% YoY growth)

Geographic and Vertical Distribution

Saksoft's revenue distribution for H1 FY26 showcases its global presence:

Region Revenue Contribution
United States 44.00%
Europe 21.00%
Asia Pacific 35.00%

The company maintains a balanced revenue mix across various sectors:

Vertical Revenue Contribution
Banking & Financial 31.00%
Emerging Verticals 47.00%
Logistics 14.00%
Commerce 8.00%

AI-Driven Growth and Innovation

Saksoft has been expanding its AI capabilities through new accelerators:

  1. SakMod: A composable framework for legacy modernization and system integration
  2. SakCelerate: A unified AIOps and FinOps automation platform for enterprises

The company has also introduced Conversational AI and Emergency Care Agent, enhancing customer and employee experiences.

Customer Base and Future Outlook

Saksoft reported 16 customers contributing over $1 million in revenue each. The company maintains its FY26 revenue guidance of INR 1,000.00-1,100.00 crores, with 95% of growth driven by increased wallet share from existing customers.

Aditya Krishna, Promoter and CEO of Saksoft, commented on the results, "Despite global macro uncertainty, our company demonstrated robust performance both sequentially and year-on-year with strong growth in revenues and consistently improving margins. Our focus on delivering next-generation enterprise capabilities through AI innovation has strengthened our position with customers."

The company's strategic investments in AI and its strong customer relationships position it well for continued growth in the evolving technology landscape.

Conclusion

Saksoft's Q2 FY26 results reflect its successful execution of growth strategies, particularly in AI-driven solutions. With a solid financial foundation and a focus on expanding its capabilities, the company appears well-positioned to capitalize on the increasing demand for digital transformation services.

Historical Stock Returns for Saksoft

1 Day5 Days1 Month6 Months1 Year5 Years
-0.95%+1.46%-2.89%+6.72%-7.63%+576.05%
like18
dislike
More News on Saksoft
Explore Other Articles
201.80
-1.93
(-0.95%)