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<span name=KonaFilter style="width:100%;"><center><font size="4"><b>Cigniti Technologies Grows 17.6% QoQ in Q2 FY 2013</b> by<b> cigniti Technologies </b></font></center></span>


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				<tr><td><span name=KonaFilter><font size="3"><b>Cigniti Technologies Grows 17.6% QoQ in Q2 FY 2013</b> by<b> <a href="/view_author.cfm?authorid=774457&Author=cigniti&20Technologies" rel="author"><font size="2">CIGNITI TECHNOLOGIES</font></a></b></font><br>

	
	
	
	
	
	
	
	
	
	
	













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		<!-- google_ad_section_start --><p>India’s premier <a rel="nofollow" href="http://www.cigniti.com/"><b>independent Software Testing </b></a> services company, Cigniti Technologies (BSE 590089) announced its Q2 FY 2013 results.<a rel="nofollow" href="http://www.cigniti.com/about-us"><b>Cigniti</b></a> is India’s largest independent software testing Services Company with operations in India, USA and Europe. </p>  - Consolidated revenues grew in INR terms by 17.6% Quarter-on-Quarter to Rs. 36.23 Crores from Rs. 30.81 Crores<br>  - Consolidated revenues grew in dollar terms by 17.4% Quarter-on-Quarter to $ 6.74 Million from $ 5.74 Million<br>  - Net profits grew 31% Quarter-on-Quarter to Rs. 1.39 Crores from Rs. 1.06 Crores. <br>   -- EPS grew 30% Quarter on Quarter to Rs. 0.82 from Rs. 0.63<br>  <p>Commenting on the company’s performance, Sudhakar Pennam CEO said, “Our growth momentum is strong and we have reached an annualized revenue run rate of $27 Million this quarter. The increased investments in sales, marketing and setting up test labs has helped maintain our revenue growth. We expect our investments in intellectual property led testing to start impacting our bottom line positively by the end of this year. We are on track to becoming the world’s largest independent testing services company within the next three years.” </p>  <p>Cigniti Technologies, a BSE listed company established in 1998, is recognized as a premier Independent Testing solutions company by Fortune 500 companies and industry analysts. With a global workforce distributed between North America and India, Cigniti works with leading Enterprises and ISVs to deliver quality software using proprietary SMART Tools (IP based testing) to enhance productivity and reap the benefits of QA early in the software life cycle. Cigniti has deep expertise and proprietary frameworks to accelerate testing for improved time to market for its clients. Its state-of-the-art tool and technology agnostic test labs offers on-demand access for key services such as core testing test automation, performance testing, mobile testing and security testing. </p>  <p>For more information on Cigniti please visit http://www.cigniti.com </p>   <p> <p> <p> <p><!-- google_ad_section_end -->


		
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