Saksoft's Q1 FY 2025-26 Quarterly Results

Result Summary

• Saksoft Ltd reported a 27.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 23.8%.
• Its expenses for the quarter were up by 26.0% QoQ and 23.0% YoY.
• The net profit increased 39.4% QoQ and increased 26.4% YoY.
• The earnings per share (EPS) of Saksoft Ltd stood at 2.5 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Saksoft Ltd is a technology solutions company that provides a range of IT services primarily in the areas of Information Management, Application Development, and Testing Services. It operates within the industry of Information Technology and Services, catering to various sectors including banking, insurance, healthcare, and retail. As of the latest available data, Saksoft has been focusing on expanding its service offerings and enhancing its global presence. However, specific recent developments or strategic initiatives within the company post-October 2023 are not available in the provided dataset.

Revenue

In Q1FY26, Saksoft Ltd reported a total income of ₹252.38 crores, marking a significant increase of 27.9% from the previous quarter (Q4FY25) and a 23.8% rise from the same quarter in the previous fiscal year (Q1FY25). The growth in total income over both the quarter-on-quarter (QoQ) and year-over-year (YoY) periods indicates a robust upward trajectory in the company's revenue streams. These figures suggest that the company has experienced substantial revenue growth, driven by its operations in the technology sector.

Profitability

Profitability for Saksoft Ltd has shown a marked improvement in Q1FY26. The profit before tax (PBT) stood at ₹43.03 crores, which is a 37.6% increase over the previous quarter and a 28.1% increase compared to the same quarter last year. After accounting for taxes, the profit after tax (PAT) was ₹32.35 crores, reflecting a 39.4% increase from Q4FY25 and a 26.4% increase from Q1FY25. These percentages indicate a significant enhancement in the company's profitability metrics over the periods in consideration. The company's earnings per share (EPS) also rose to ₹2.50 from ₹2.20 in the previous quarter and ₹2.40 in Q1FY25, showing a 13.6% QoQ increase and a 4.2% YoY increase, which suggests an improvement in shareholder value.

Operating Metrics

The total expenses of Saksoft Ltd in Q1FY26 were ₹209.34 crores, reflecting an increase of 26.0% from Q4FY25 and a 23.0% increase from Q1FY25. This rise in expenses is consistent with the company's revenue growth, suggesting that the company is scaling its operations. The tax expense for the quarter was ₹10.69 crores, which shows a 32.5% QoQ increase and a 33.6% YoY increase. The increased tax expenses are aligned with the higher profits reported for the quarter. These operating metrics indicate a comprehensive growth pattern in both revenues and expenses, contributing to the overall financial health of the company.