Saksoft Ltd's Q3FY25 Quarterly Results

Result Summary

• Saksoft Ltd reported a 5.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 18.8%.
• Its expenses for the quarter were up by 5.7% QoQ and 18.7% YoY.
• The net profit increased 3.3% QoQ and increased 19.9% YoY.
• The earnings per share (EPS) of Saksoft Ltd stood at 2.1 during Q3FY25.

Financial Statments for Q3FY25

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 company that operates in the information technology sector, providing specialized IT solutions to a range of industries. The company is known for offering services such as software development, testing, and IT consulting. Saksoft has been involved in numerous projects that cater to the needs of banking, healthcare, and logistics sectors, among others. Although the specific details of recent major developments are not provided, the company typically engages in expanding its service offerings and enhancing technological capabilities to meet evolving client demands.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Saksoft Ltd reported a total income of ₹230.47 crores. This represents a 5.2% increase from the previous quarter (Q2FY25), where the total income was ₹219.18 crores. When compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹194.00 crores, there is an 18.8% year-over-year growth. This consistent increase in revenue over both the previous quarter and the previous year suggests a positive trend in income generation for Saksoft Ltd.

Profitability

The company's profitability in Q3FY25 can be assessed through several key metrics. The profit before tax was recorded at ₹36.06 crores, reflecting a 2.2% increase from ₹35.28 crores in Q2FY25 and a 19.6% rise from ₹30.16 crores in Q3FY24. After accounting for taxes, the profit after tax stood at ₹27.02 crores, which shows a 3.3% quarter-over-quarter increase from ₹26.16 crores and a 19.9% year-over-year increase from ₹22.54 crores. The earnings per share for Q3FY25 remained stable at ₹2.10 compared to the previous quarter but showed a decrease from ₹2.30 in Q3FY24, marking an 8.7% decline year-over-year.

Operating Metrics

Examining the operational costs of Saksoft Ltd in Q3FY25, total expenses amounted to ₹194.41 crores. This signifies a 5.7% increase from the previous quarter's expenses of ₹183.90 crores and an 18.7% rise compared to ₹163.84 crores in the same quarter of the previous year. The tax expense for Q3FY25 was ₹9.04 crores, which is slightly lower than the ₹9.12 crores recorded in Q2FY25, representing a 0.9% decrease. However, it is higher compared to the ₹7.63 crores in Q3FY24, showing an 18.5% year-over-year increase. These financial figures provide insights into the cost management and tax obligations faced by the company during the reported period.