Saven Technologies Q3FY22 net profit climbs to Rs. 88.97 lakhs

SAVEN TECHNOLOGIES LTD. has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 3.0746 crores during the period ended December 31, 2021 as compared to Rs. 2.1607 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 0.8897 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 0.4877 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 0.82 for the period ended December 31, 2021 as compared to Rs. 0.45 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 3.0746 crs	₹2.1607 crs	42.30%
Net Profit	₹0.8897 crs	₹0.4877 crs	82.43%
EPS	₹0.82	₹0.45	82.22%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 3.0746 crores during the period ended December 31, 2021 as compared to Rs.2.9308 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.0.8897 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.0.8138 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.0.82 for the period ended December 31, 2021 as compared to Rs.0.75 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 3.0746 crs	₹2.9308 crs	4.91%
Net Profit	₹0.8897 crs	₹0.8138 crs	9.33%
EPS	₹0.82	₹0.75	9.33%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.8.6968 crores during the 9 Months period ended December 31, 2021 as compared to Rs.6.3215 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.2.4451 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.1.4239 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.2.25 for the 9 Months period ended December 31, 2021 as compared to Rs.1.31 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹8.6968 crs	₹6.3215 crs	37.57%
Net Profit	₹2.4451 crs	₹1.4239 crs	71.72%
EPS	₹2.25	₹1.31	71.76%

Shares of SAVEN TECHNOLOGIES LTD. was last trading in BSE at Rs. 46.55 as compared to the previous close of Rs. 49.35. The total number of shares traded during the day was 91943 in over 790 trades.

The stock hit an intraday high of Rs. 54.85 and intraday low of 45.35. The net turnover during the day was Rs. 4526871.00.

Source : Equity Bulls

Keywords

SavenTechnologies Q3FY22 9MFY22 ResultUpdate