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Sasken Technologies ‘s Q2 Report: Revenue Rises by 31.91% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 31.91 % in the past year, substantial increase in net sales/revenue by 11.74 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 0.11 %. Marginal increase in other income during this quarter, up by 20.75%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Sasken Technologies Limited. Profit dropped by -53.01 % Year to Year, Sasken Technologies Limited’s profitability dropped by -27.03 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -53.17 % Year to Year. EPS decreased by -27.13 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Sasken Technologies Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 85.207 Cr Rs. 100.586 Cr Rs. 112.398 Cr + 11.74 % + 31.91 %
Expenses Rs. 75.71 Cr Rs. 97.77 Cr Rs. 110.89 Cr + 13.42 % + 46.47 %
Operating Profit Rs. 9.5 Cr Rs. 2.82 Cr Rs. 1.51 Cr -46.45 % -84.11 %
OPM % 11.15 % 2.8 % 1.34 % -1.46 % -9.81 %
Other Income Rs. 19.334 Cr Rs. 16.029 Cr Rs. 19.355 Cr + 20.75 % + 0.11 %
Interest Rs. 0.08 Cr Rs. 0.29 Cr Rs. 0.51 Cr + 75.86 % + 537.5 %
Depreciation Rs. 1.63 Cr Rs. 2.25 Cr Rs. 2.84 Cr + 26.22 % + 74.23 %
Profit before tax Rs. 27.12 Cr Rs. 16.31 Cr Rs. 17.52 Cr + 7.42 % -35.4 %
Tax % 15.05 % 8.98 % 38.16 % + 29.18 % + 23.11 %
Net Profit Rs. 23.04 Cr Rs. 14.84 Cr Rs. 10.83 Cr -27.02 % -52.99 %
EPS in Rs Rs. 15.09 Rs. 9.74 Rs. 7.11 -27 % -52.88 %


Today, we’re looking at Sasken Technologies Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 31.91 %. However, it did see a marginal increase of 11.74 % from the previous quarter. Expenses ticked up slightly by 13.42 % quarter-on-quarter, aligning with the annual rise of 46.47 %. Operating profit, while down -84.11 % compared to last year, faced a quarter-on-quarter dip of -46.45 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -9.81 %, but a shrinkage of -1.46 % sequentially. Other income rose by 20.75 % compared to the last quarter, despite an annual growth of 0.11 %. Interest expenses surged remarkably by 75.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 537.5 %. Depreciation costs climbed by 26.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 74.23 %. Profit before tax declined annually by -35.4 % but saw an increase from the preceding quarter by 7.42 %.
Tax expenses as a percentage of profits increased slightly by 23.11 % compared to last year, with a more notable quarter-on-quarter increase of 29.18 %. Net profit fell by -52.99 % year-on-year but witnessed a -27.02 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -52.88 % but a quarterly fall of -27 %. In summary, Sasken Technologies Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 85.207 Cr Rs. 100.586 Cr Rs. 112.398 Cr + 11.74 % + 31.91 %
Expenses Rs. 75.71 Cr Rs. 97.77 Cr Rs. 110.89 Cr + 13.42 % + 46.47 %
Operating Profit Rs. 9.5 Cr Rs. 2.82 Cr Rs. 1.51 Cr -46.45 % -84.11 %
Net Profit Rs. 23.04 Cr Rs. 14.84 Cr Rs. 10.83 Cr -27.02 % -52.99 %
EPS in Rs Rs. 15.09 Rs. 9.74 Rs. 7.11 -27 % -52.88 %


In reviewing Sasken Technologies Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 31.91 % year-on-year growth, however, there was a minor increase of 11.74 % from the previous quarter. Expenses rose by 46.47 % compared to the previous year, with a 13.42 % increase quarter-on-quarter. Operating Profit dropped by -84.11 % annually, and saw a -46.45 % decrease from the last quarter.
Net Profit showed yearly decrease of -52.99 %, and experienced a -27.02 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -52.88 % annually, however dipped by -27 % compared to the last quarter. In essence, while Sasken Technologies Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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