Results - Announcements
Sasken Technologies Ltd share price declined by 3.25% to Rs 1840.4 after the company's net profit grew slightly 8.80% to Rs 25.59 crore, while revenue from operations eased by 5.39% to Rs 320.95 crore in Q3FY26 over Q2FY26.
The market capitalization of IT Enabled Services industry group stocks on BSE stood at Rs 2.71 lakh crore, slipping 4.27%. It has softened by 1.26% over last one week and ticked higher by 4.89% in last one month while the market capitalization of Sasken Technologies Ltd has improved by 7.07% and 1.59% in the same period respectively.
Profit before tax (PBT) of Sasken Technologies Ltd stood at Rs 35.45 crore in Q3 FY26, expanding by 145.16% year-on-year, and surging by 19.89% quarter-on-quarter. EBITDA came in at Rs 32 crore, rallying 504.54% YoY and jumping 42.45% sequentially.
Total expenses marginally dropped 8% to Rs 292.46 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 51.32 crore, tumbling by 42.87% YoY, while employee benefits expense was at Rs 191.63 crore, registering a growth of 9.52% YoY.
For the TTM ended FY26, revenue from operations soared by 102.06% to Rs 1113.17 crore, while net profit rose by 16.12% to Rs 58.65 crore, compared to previous TTM. EBITDA plunged by 889% to Rs 49.73 crore, and PBT surged 22.27% to Rs 75.82 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 22.83 crore in FY26, as against Rs 57.16 crore in FY25.
Sasken Technologies Ltd rallied 32.84% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 13.45% during the same period.