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Saven Technologies - Quaterly Results

23 May 2024 Evaluate
Revenue reduced marginally to stand at Rs. 33.64 millions during the quarter ended March 2024. The figure stood at Rs. 35.25 millions during the year-ago period.A slim rise of 9.04% was recorded in the Net profit for the quarter ended March 2024 to Rs. 5.67  millions  From Rs. 5.20 millions.The company reported a good operating profit of 8.25 millions compared to 7.73 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 33.64 35.25 -4.57 131.67 150.56 -12.55 131.67 150.56 -12.55
Other Income 1.45 0.68 113.24 9.12 6.32 44.30 9.12 6.32 44.30
PBIDT 8.25 7.73 6.73 35.58 52.44 -32.15 35.58 52.44 -32.15
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 8.25 7.73 6.73 35.58 52.44 -32.15 35.58 52.44 -32.15
Depreciation 0.70 0.63 11.11 2.36 2.37 -0.42 2.36 2.37 -0.42
PBT 7.55 7.10 6.34 33.22 50.07 -33.65 33.22 50.07 -33.65
TAX 1.88 1.90 -1.05 8.28 12.78 -35.21 8.28 12.78 -35.21
Deferred Tax -0.02 -0.09 -77.78 -0.02 -0.09 -77.78 -0.02 -0.09 -77.78
PAT 5.67 5.20 9.04 24.94 37.29 -33.12 24.94 37.29 -33.12
Equity 10.88 10.88 0.00 10.88 10.88 0.00 10.88 10.88 0.00
PBIDTM(%) 24.52 21.93 11.83 27.02 34.83 -22.42 27.02 34.83 -22.42
Peers
Company Name CMP
TCS 2267.00
Infosys 1062.20
HCL Technologies 1321.00
Wipro 168.90
Tech Mahindra 1542.00
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