Sasken Technologies Ltd Q3 FY2024 PAT slides to Rs. 20.94 crores

Sasken Technologies Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 101.62 crores during the period ended December 31, 2023 as compared to Rs. 104.5416 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 20.9487 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 23.0421 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 13.79 for the period ended December 31, 2023 as compared to Rs. 15.09 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹101.62 crs	₹104.5416 crs	-2.79%
Net Profit	₹20.9487 crs	₹23.0421 crs	-9.09%
EPS	₹13.79	₹15.09	-8.61%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs.101.62 crores during the period ended December 31, 2023 as compared to Rs.110.6733 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.20.9487 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.26.5409 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.13.79 for the period ended December 31, 2023 as compared to Rs.17.45 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹101.62 crs	₹110.6733 crs	-8.18%
Net Profit	₹20.9487 crs	₹26.5409 crs	-21.07%
EPS	₹13.79	₹17.45	-20.97%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.309.8305 crores during the 9 Months period ended December 31, 2023 as compared to Rs.301.3906 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.67.5181 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.64.0599 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.44.36 for the 9 Months period ended December 31, 2023 as compared to Rs.42.31 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹309.8305 crs	₹301.3906 crs	2.80%
Net Profit	₹67.5181 crs	₹64.0599 crs	5.40%
EPS	₹44.36	₹42.31	4.85%

Shares of Sasken Technologies Limited was last trading in BSE at Rs. 1456.00 as compared to the previous close of Rs. 1532.35. The total number of shares traded during the day was 4204 in over 824 trades.

The stock hit an intraday high of Rs. 1535.75 and intraday low of 1442.40. The net turnover during the day was Rs. 6215153.00.

Source : Equity Bulls

Keywords

SaskenTechnologies Q3FY24 9MFY24 ResultUpdate