Saven Technologies Ltd Q3 FY2023 profit at Rs. 92.97 lakhs

SAVEN TECHNOLOGIES LTD. has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3.9286 crores during the period ended December 31, 2022 as compared to Rs. 3.0746 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 0.9297 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 0.8897 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 0.85 for the period ended December 31, 2022 as compared to Rs. 0.82 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹3.9286 crs	₹3.0746 crs	27.78%
Net Profit	₹0.9297 crs	₹0.8897 crs	4.50%
EPS	₹0.85	₹0.82	3.66%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.3.9286 crores during the period ended December 31, 2022 as compared to Rs.4.1594 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.0.9297 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.1.1572 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.0.85 for the period ended December 31, 2022 as compared to Rs.1.06 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹3.9286 crs	₹4.1594 crs	-5.55%
Net Profit	₹0.9297 crs	₹1.1572 crs	-19.66%
EPS	₹0.85	₹1.06	-19.81%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.12.0946 crores during the 9 Months period ended December 31, 2022 as compared to Rs.8.6968 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.3.2114 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.2.4451 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.2.95 for the 9 Months period ended December 31, 2022 as compared to Rs.2.25 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹12.0946 crs	₹8.6968 crs	39.07%
Net Profit	₹3.2114 crs	₹2.4451 crs	31.34%
EPS	₹2.95	₹2.25	31.11%

Shares of SAVEN TECHNOLOGIES LTD. was last trading in BSE at Rs. 42.85 as compared to the previous close of Rs. 42.00. The total number of shares traded during the day was 18287 in over 293 trades.

The stock hit an intraday high of Rs. 43.95 and intraday low of 39.20. The net turnover during the day was Rs. 760769.00.

Source : Equity Bulls

Keywords

SavenTechnologies Q3FY23 9MFY23 ResultUpdate