Stock Report

Saksoft Ltd posts consolidated net profit of Rs. 19.86 crores in Q3FY23



Posted On : 2023-02-02 15:46:08( TIMEZONE : IST )

Saksoft Ltd posts consolidated net profit of Rs. 19.86 crores in Q3FY23

has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 174.1366 crores during the period ended December 31, 2022 as compared to Rs. 166.9705 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 19.8634 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 19.3207 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 1.82 for the period ended December 31, 2022 as compared to Rs. 1.78 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹174.1366 crs ₹166.9705 crs Up Tick / Down Tick4.29%
Net Profit ₹19.8634 crs ₹19.3207 crs Up Tick / Down Tick2.81%
EPS ₹1.82 ₹1.78 Up Tick / Down Tick2.25%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.174.1366 crores during the period ended December 31, 2022 as compared to Rs.124.9706 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.19.8634 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.14.9303 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.1.82 for the period ended December 31, 2022 as compared to Rs.1.37 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹174.1366 crs ₹124.9706 crs Up Tick / Down Tick39.34%
Net Profit ₹19.8634 crs ₹14.9303 crs Up Tick / Down Tick33.04%
EPS ₹1.82 ₹1.37 Up Tick / Down Tick32.85%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.492.3049 crores during the 9 Months period ended December 31, 2022 as compared to Rs.349.2862 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.56.9887 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.45.7106 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.5.24 for the 9 Months period ended December 31, 2022 as compared to Rs.4.22 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹492.3049 crs ₹349.2862 crs Up Tick / Down Tick40.95%
Net Profit ₹56.9887 crs ₹45.7106 crs Up Tick / Down Tick24.67%
EPS ₹5.24 ₹4.22 Up Tick / Down Tick24.17%

Asset Quality:

Asset Quality Q3 FY2023 Q2 FY2023 Q3 FY2022
Gross NPA ₹ crs ₹ crs ₹ crs
Gross NPA % % % %
Net NPA ₹ crs ₹ crs ₹ crs
Net NPA % % % %


Gross NPA was at ₹ crs in Q3 FY2023 against ₹ crs in Q3 FY2022. The same was at ₹ crs in Q2 FY2023.

Net NPA was at ₹ crs in Q3 FY2023 against ₹ crs in Q3 FY2022. The same was at ₹ crs in Q2 FY2023.

GNPA was at % of Gross advances as on December 31, 2022 as compared to % as on December 31, 2021 and % as of September 30, 2022.

Net NPA was at % of Gross advances as on December 31, 2022 as compared to % as on December 31, 2021 and % as of September 30, 2022.

Ratios Q3 FY2023 Q2 FY2023 Q3 FY2022
RoA % % % %
CAR (BASEL III) % % % %


Return on Average Assets (RoA) is at % for Q3 FY2023 against % in Q2 FY2023 and % in Q3 FY2022.

In Q3 FY2023, Bank's total Capital Adequacy Ratio (CAR) was at %, as compared to % in Q2 FY2023 and % in Q3 FY2022.

Source : Equity Bulls

Keywords

Saksoft Q3FY23 9MFY23 ResultUpdate