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Sigma Solve Ltd share price declined by 0.45% to Rs 43.81 after the company's net profit plunged by 45.79% to Rs 6.82 crore, while revenue from operations improved marginally 1.65% to Rs 23.41 crore in Q2FY27 over Q2FY26.
The market capitalization of IT Enabled Services industry group stocks on BSE stood at Rs 2.82 lakh crore, gaining 3.14%. It has slipped by 0.20% over last one week and ticked higher by 2.43% in last one month while the market capitalization of Sigma Solve Ltd has improved by 7.48% and 4.68% in the same period respectively.
Profit before tax (PBT) of Sigma Solve Ltd stood at Rs 9.19 crore in Q2 FY27, rising 4.43% year-on-year, and tumbling by 44.24% quarter-on-quarter. EBITDA came in at Rs 8 crore, surging by 25.86% YoY and plunging by 721.14% sequentially.
Total expenses marginally dropped 2.65% to Rs 15.07 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 2.88 crore, declining 19.33% YoY, while employee benefits expense was at Rs 8.72 crore, softening 6.64% YoY.
For FY26, revenue from operations witnessed a strong growth of 25.53% to Rs 95.62 crore, while net profit jumped 25.20% to Rs 23.9 crore, compared to previous FY. EBITDA soared by 2317% to Rs 23.66 crore, and PBT surged 23.01% to Rs 31.6 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 30.5 crore in FY26, as against Rs 17.17 crore in FY25.
Sigma Solve Ltd nosedived by 18.43% in last one year, underperforming the benchmark BSE Sensex which has softened by 2.37% during the same period.
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