Saven Technologies Ltd Q4FY23 net profit lower at Rs. 51.91 lakhs

SAVEN TECHNOLOGIES LTD. has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 3.5935 crores during the period ended March 31, 2023 as compared to Rs. 3.9286 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 0.5191 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 0.9297 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 0.48 for the period ended March 31, 2023 as compared to Rs. 0.85 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹3.5935 crs	₹3.9286 crs	-8.53%
Net Profit	₹0.5191 crs	₹0.9297 crs	-44.16%
EPS	₹0.48	₹0.85	-43.53%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.3.5935 crores during the period ended March 31, 2023 as compared to Rs.3.2282 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.0.5191 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.0.8648 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.0.48 for the period ended March 31, 2023 as compared to Rs.0.79 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹3.5935 crs	₹3.2282 crs	11.32%
Net Profit	₹0.5191 crs	₹0.8648 crs	-39.97%
EPS	₹0.48	₹0.79	-39.24%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.15.6881 crores during the Financial Year ended March 31, 2023 as compared to Rs.11.9250 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.3.7305 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.3.3099 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.3.43 for the Financial Year ended March 31, 2023 as compared to Rs.3.04 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹15.6881 crs	₹11.9250 crs	31.56%
Net Profit	₹3.7305 crs	₹3.3099 crs	12.71%
EPS	₹3.43	₹3.04	12.83%

Shares of SAVEN TECHNOLOGIES LTD. was last trading in BSE at Rs. 41.35 as compared to the previous close of Rs. 40.36. The total number of shares traded during the day was 12840 in over 141 trades.

The stock hit an intraday high of Rs. 41.95 and intraday low of 40.00. The net turnover during the day was Rs. 528330.00.

Source : Equity Bulls

Keywords

SavenTechnologies Q4FY23 FY2023 ResultUpdate