Sasken Technologies Ltd consolidated Q1FY23 net profit slides to Rs. 15.23 crores

Sasken Technologies Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 95.6532 crores during the period ended June 30, 2022 as compared to Rs. 113.7754 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 15.2312 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 26.8787 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 10.07 for the period ended June 30, 2022 as compared to Rs. 17.80 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 95.6532 crs	₹113.7754 crs	-15.93%
Net Profit	₹15.2312 crs	₹26.8787 crs	-43.33%
EPS	₹10.07	₹17.80	-43.43%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 95.6532 crores during the period ended June 30, 2022 as compared to Rs.120.4038 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.15.2312 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.33.9978 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.10.07 for the period ended June 30, 2022 as compared to Rs.22.63 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 95.6532 crs	₹120.4038 crs	-20.56%
Net Profit	₹15.2312 crs	₹33.9978 crs	-55.20%
EPS	₹10.07	₹22.63	-55.50%

Shares of Sasken Technologies Limited was last trading in BSE at Rs. 842.00 as compared to the previous close of Rs. 812.85. The total number of shares traded during the day was 2386 in over 270 trades.

The stock hit an intraday high of Rs. 867.30 and intraday low of 816.10. The net turnover during the day was Rs. 2004115.00.

Source : Equity Bulls

Keywords

SaskenTechnologies Q1FY23 ResultUpdate