Shares of Sasken Technologies hit a record high of Rs 860 per share, up 14% on the BSE in early morning trade, after the company reported a strong 27.5% sequential growth in consolidated net profit at Rs 259 million in March 2018 quarter (Q4FY18), on back of healthy operational performance.
Consolidated revenues during the quarter under review declined 2.4% at Rs 1,287 million over the December 2017 quarter (Q3FY18).
EBITDA (earnings before interest, tax, depreciation and amortization) margin improved 430 bps to 16.7% from 12.4% in previous quarter.
Sasken Technologies said it added two new customers during
Consolidated revenues during the quarter under review declined 2.4% at Rs 1,287 million over the December 2017 quarter (Q3FY18).
EBITDA (earnings before interest, tax, depreciation and amortization) margin improved 430 bps to 16.7% from 12.4% in previous quarter.
Sasken Technologies said it added two new customers during