Sasken Technologies Q3 FY24 Results Live: Profit Falls by 43.21% YoY
Sasken Technologies Q3 FY24 Results Live: Revenue decreased by 21.45% YoY & profit decreased by 43.21% YoY
Sasken Technologies declared their Q3 FY24 results on 23 Jan, 2024. The topline decreased by 21.45% & the profit decreased by 43.21% YoY. As compared to the previous quarter, the revenue declined by 5.93% and the profit decreased by 1.82%.
The Selling, general & administrative expenses rose by 2.27% q-o-q & decreased by 1.73% Y-o-Y.
The operating income was down by 76.5% q-o-q & decreased by 89.08% Y-o-Y.
The EPS is ₹11.68 for Q3 FY24, which decreased by 43.22% Y-o-Y.
Sasken Technologies has delivered -0.17% return in the last 1 week, 50.48% return in the last 6 months, and 4.12% YTD return.
Currently, Sasken Technologies has a market cap of ₹2196.07 Cr and a 52-week high/low of ₹1594.5 & ₹770 respectively.
Sasken Technologies Financials
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 96.44 | 102.51 | -5.93% | 122.77 | -21.45% |
| Selling/ General/ Admin Expenses Total | 75.43 | 73.76 | +2.27% | 76.76 | -1.73% |
| Depreciation/ Amortization | 1.81 | 1.86 | -2.6% | 1.67 | +8.15% |
| Total Operating Expense | 93.45 | 89.8 | +4.07% | 95.4 | -2.05% |
| Operating Income | 2.99 | 12.71 | -76.5% | 27.37 | -89.08% |
| Net Income Before Taxes | 21.04 | 22.97 | -8.4% | 38.64 | -45.55% |
| Net Income | 17.75 | 18.08 | -1.82% | 31.25 | -43.21% |
| Diluted Normalized EPS | 11.68 | 11.84 | -1.35% | 20.57 | -43.22% |
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