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Sasken Technologies Ltd Q2FY24; 50% fall in Profits

Established in 1989, Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc.
Located in India, the company has presence all over the world

Financial Results:

Sasken Technologies Ltd reported Revenues for Q2FY24 of ₹103.00 Crores down from ₹120.00 Crore year on year, a fall of 14.17%.

Total Expenses for Q2FY24 of ₹90.00 Crores down from ₹92.00 Crores year on year, a fall of 2.17%.

Consolidated Net Profit of ₹18.00 Crores down 50.0% from ₹36.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.01, down 49.69% from ₹23.87 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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