Sigma Solve Limited (CIN: L72200GJ2010PLC060478) has reported its unaudited consolidated financial results for the first quarter ended June 30, 2026. The IT and digital solutions provider recorded significant growth in net profit and total comprehensive income, driven by a strong surge in total income during the quarter.
Consolidated Revenue & Income Growth
For the quarter ended June 30, 2026, Sigma Solve Limited generated revenue from operations of ₹2,303.22 lakh, representing an 11.49% year-over-year increase compared to ₹2,065.80 lakh in Q1 FY26, while declining slightly from ₹2,464.38 lakh recorded in Q4 FY26.
The company's performance was significantly boosted by other income of ₹897.17 lakh during Q1 FY27, up from ₹214.34 lakh in Q1 FY26 and recovering from a negative ₹78.85 lakh in the preceding quarter. Consequently, total income expanded to ₹3,200.39 lakh, marking a 40.36% YoY growth over ₹2,280.14 lakh in Q1 FY26 and a 34.16% sequential increase from ₹2,385.53 lakh in Q4 FY26.
Operating Expenditure and Expense Breakdown
Total consolidated expenses for Q1 FY27 declined to ₹1,552.60 lakh, down from ₹1,709.52 lakh in Q4 FY26 and ₹1,597.54 lakh in Q1 FY26. Operating efficiencies were observed across several key cost centers.
Key Expense Drivers
Employee Benefits Expenses: Remained the primary expense item at ₹934.42 lakh, down 9.42% from ₹1,031.60 lakh in Q1 FY26, though slightly up from ₹888.94 lakh in Q4 FY26.
Cost of Services Consumed: Stood at ₹357.22 lakh, compared to ₹267.32 lakh in Q1 FY26 and ₹486.81 lakh in Q4 FY26.
Other Expenses: Amassed ₹237.81 lakh, lower than ₹270.47 lakh in Q1 FY26 and ₹308.73 lakh in Q4 FY26.
Depreciation and Amortization Expenses: Measured at ₹18.93 lakh, down from ₹21.08 lakh in Q1 FY26.
Finance Costs: Remained minimal at ₹4.22 lakh, down from ₹7.07 lakh in Q1 FY26 and ₹4.58 lakh in Q4 FY26.
Profitability & Financial Performance
Driven by higher total income and reduced overall expenses, profit before tax and net profitability showed strong expansion:
Profit Before Tax (PBT): Reached ₹1,647.79 lakh, registering a 141.39% YoY growth compared to ₹682.60 lakh in Q1 FY26 and climbing 143.75% sequentially from ₹676.01 lakh in Q4 FY26.
Tax Expenses: Totaled ₹390.26 lakh for the quarter, comprising current tax of ₹355.22 lakh and deferred tax of ₹35.04 lakh.
Net Profit After Tax (PAT): Rose 142.58% YoY to ₹1,257.53 lakh, up from ₹518.39 lakh in Q1 FY26 and ₹536.44 lakh in Q4 FY26.
Owner Attributable Profit: Net profit attributable to owners of the company stood at ₹1,257.56 lakh, with non-controlling interest accounting for ₹(0.03) lakh.
Total Comprehensive Income: Registered at ₹1,252.43 lakh (after taking into account ₹(5.10) lakh in other comprehensive income), compared to ₹509.94 lakh in Q1 FY26.
Earnings Per Share (EPS): Basic and diluted EPS for the quarter rose to ₹1.22 per share (face value of ₹1 each, non-annualized), compared to ₹0.50 per share in Q1 FY26 and ₹0.52 per share in Q4 FY26.
Equity Base: Paid-up equity share capital stood at ₹1,027.75 lakh (face value of ₹1 per share), with other equity reported at ₹6,679.06 lakh as of the previous fiscal year-end (March 31, 2026).