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Sagarsoft (India) - Quaterly Results

24 May 2023 Evaluate
The sales declined to Rs. 112.51 millions for the March 2023 quarter as compared to Rs. 124.40 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2023 is Rs. -7.89 millions as compared to Net Profit of Rs. 13.88 millions of corresponding quarter ended March 2022Operating profit Margin for the quarter ended March 2023 slipped to -1.75% as compared to 26.47% of corresponding quarter ended March 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 112.51 124.40 -9.56 494.88 492.65 0.45 494.88 492.65 0.45
Other Income 1.46 4.02 -63.68 23.56 13.46 75.04 23.56 13.46 75.04
PBIDT -1.75 26.47 -106.61 50.90 98.08 -48.10 50.90 98.08 -48.10
Interest 2.06 0.00 0.00 8.42 2.14 293.46 8.42 2.14 293.46
PBDT -3.81 26.47 -114.39 42.48 95.94 -55.72 42.48 95.94 -55.72
Depreciation 7.41 5.66 30.92 22.03 21.72 1.43 22.03 21.72 1.43
PBT -11.22 20.81 -153.92 20.45 74.22 -72.45 20.45 74.22 -72.45
TAX -3.33 6.93 -148.05 6.76 21.77 -68.95 6.76 21.77 -68.95
Deferred Tax -3.24 -0.09 3500.00 -4.40 -0.65 576.92 -4.40 -0.65 576.92
PAT -7.89 13.88 -156.84 13.69 52.45 -73.90 13.69 52.45 -73.90
Equity 63.92 63.92 0.00 63.92 63.92 0.00 63.92 63.92 0.00
PBIDTM(%) -1.56 21.28 -107.31 10.29 19.91 -48.34 10.29 19.91 -48.34
Peers
Company Name CMP
SIS 418.30
Quess Corp 341.10
TeamLease Services 1172.95
Bluspring Enterprise 144.95
BLS Internatl. Serv. 224.25
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