Sagarsoft India Ltd posts higher consolidated net profit of Rs. 2.75 crore in Q3 FY23

Sagarsoft (India) Ltd 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. 46.4332 crores during the period ended December 31, 2022 as compared to Rs. 43.9746 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 2.7566 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 2.6864 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.31 for the period ended December 31, 2022 as compared to Rs. 4.20 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹46.4332 crs	₹43.9746 crs	5.59%
Net Profit	₹2.7566 crs	₹2.6864 crs	2.61%
EPS	₹4.31	₹4.20	2.62%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.46.4332 crores during the period ended December 31, 2022 as compared to Rs.37.8650 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.2.7566 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.2.0279 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.31 for the period ended December 31, 2022 as compared to Rs.3.17 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹46.4332 crs	₹37.8650 crs	22.63%
Net Profit	₹2.7566 crs	₹2.0279 crs	35.93%
EPS	₹4.31	₹3.17	35.96%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.131.6922 crores during the 9 Months period ended December 31, 2022 as compared to Rs.82.1035 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.7.0104 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.5.4879 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.10.97 for the 9 Months period ended December 31, 2022 as compared to Rs.9.08 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹131.6922 crs	₹82.1035 crs	60.40%
Net Profit	₹7.0104 crs	₹5.4879 crs	27.74%
EPS	₹10.97	₹9.08	20.81%

Shares of Sagarsoft (India) Ltd was last trading in BSE at Rs. 145.55 as compared to the previous close of Rs. 141.25. The total number of shares traded during the day was 2748 in over 20 trades.

The stock hit an intraday high of Rs. 146.50 and intraday low of 141.25. The net turnover during the day was Rs. 396764.00.

Source : Equity Bulls

Keywords

SagarsoftIndia Q3FY23 9MFY23 ResultUpdate