HYDERABAD: Cigniti Technologies Limited, an AI and IP-driven digital assurance and digital engineering services company, posted a 3% increase in consolidated profit after tax for the third quarter ended December 31, 2023, compared to Rs 46.5 million in the year-ago period. 48 million rupees. Last fiscal quarter. This took his consolidated revenue to Rs 468 million in Q3 FY2024 compared to his Rs 428 million in Q3 FY2023, an increase of 9.4%. The Hyderabad-based company said revenue from its top five customers accounted for more than 27% of its revenue, with BFSI, retail and e-commerce, and travel, transportation and hospitality accounting for the bulk of its revenue in the quarter. . Geographically, North America and Canada accounted for over 83.4% of sales, the UK and Europe accounted for 8.4%, and the rest of the world (ROW) accounted for 8.2%. Srikanth Chakkiram, CEO and Executive Director of Signity, said the company ended the third quarter of 2024 with strong performance. Demonstrating resilience and growth amid industry challenges.
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