Sasken Technologies Ltd's Q3FY25 Quarter Results
- 25 Jan 2025
Result Summary
- Sasken Technologies Ltd reported a 0.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 34.2%.
- Its expenses for the quarter were up by 5.9% QoQ and 52.8% YoY.
- The net profit decreased 26.5% QoQ and decreased 49.1% YoY.
- The earnings per share (EPS) of Sasken Technologies Ltd stood at 6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 153.79 | 154.24 | 114.56 | -0.3% | 34.2% |
Total Expenses | 142.88 | 134.88 | 93.53 | 5.9% | 52.8% |
Profit Before Tax | 10.92 | 19.37 | 21.04 | -43.6% | -48.1% |
Tax | 1.89 | 7.08 | 3.29 | -73.3% | -42.6% |
Profit After Tax | 9.03 | 12.29 | 17.75 | -26.5% | -49.1% |
Earnings Per Share | 6.00 | 7.90 | 11.70 | -24.1% | -48.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sasken Technologies Ltd is a renowned company specializing in providing cutting-edge technology and digital transformation services. Operating within the IT services industry, Sasken Technologies has established itself as a pivotal player in offering solutions that encompass product engineering and digital transformation. The company's main offerings include software development, testing, and maintenance services tailored towards telecommunications, automotive, and semiconductor industries. Sasken's strategic focus on leveraging technology to enhance customer solutions has been integral to its operations. However, specific recent major developments about the company's strategic initiatives or market expansions are not available from the provided data.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Sasken Technologies Ltd reported a total income of ₹153.79 crores. This reflects a slight decrease of 0.3% when compared to the previous quarter (Q2FY25), where the company recorded a total income of ₹154.24 crores. On a year-over-year basis, the total income exhibited a significant increase of 34.2% from ₹114.56 crores in Q3FY24. The fluctuations in quarterly revenue may be indicative of various market dynamics or internal factors affecting the company's income streams.
Profitability
In Q3FY25, Sasken Technologies Ltd reported a Profit Before Tax (PBT) of ₹10.92 crores, which represents a substantial decline of 43.6% from the preceding quarter's PBT of ₹19.37 crores. When compared to Q3FY24, the PBT decreased by 48.1% from ₹21.04 crores. Correspondingly, the Profit After Tax (PAT) for Q3FY25 stood at ₹9.03 crores, marking a decrease of 26.5% from Q2FY25's PAT of ₹12.29 crores, and a 49.1% reduction from ₹17.75 crores in Q3FY24. The company's Earnings Per Share (EPS) followed a similar downward trend, registering at ₹6.00, down from ₹7.90 in the previous quarter and ₹11.70 in Q3FY24. These figures illustrate the variations in profitability over the examined periods.
Operating Metrics
Analyzing the total expenses, Sasken Technologies Ltd incurred ₹142.88 crores in expenses during Q3FY25, which represents a 5.9% increase from the previous quarter's expenses of ₹134.88 crores. Year-over-year, the total expenses surged by 52.8% from ₹93.53 crores in Q3FY24. The tax expenses for Q3FY25 amounted to ₹1.89 crores, a notable decrease of 73.3% from ₹7.08 crores in Q2FY25, and a 42.6% reduction from ₹3.29 crores in Q3FY24. The variations in these operating metrics highlight specific changes in the company's cost structure and tax outlays over the quarterly and annual timelines.
