Saksoft announced a sharp rise in standalone net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 67.05% to Rs 17.66 million from Rs 10.57 million in the same quarter last year.
Revenues for the quarter rose 10.25% to Rs 119.59 million, compared with Rs 108 million for the prior year period.
Operating margin for the quarter stood at 25.59 percent as compared to 17.64 percent for the previous year period. Operating Income for the quarter was Rs 30.60 million, compared with Rs 19.133 million in the previous year period.
Earnings per share for the quarter stood at Rs 1.69, registering 65.69% growth over previous year period.
Quarterly Results - Standalone (Rs in mn) |
As at | Jun - 15 | Jun - 14 | %Change |
Revenues | 119.59 | 108.47 | 10.25 |
Net Profit | 17.66 | 10.57 | 67.05 |
Diluted EPS | 1.69 | 1.02 | 65.69 |
Shares of the company gained Rs 5.8, or 4.18%, to trade at Rs 144.50. The total volume of shares traded was 2,476 at the BSE (3.41 p.m., Tuesday).