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Sasken Technologies standalone net profit declines 82.77% in the March 2017 quarter

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Capital Market

Sales decline 1.97% to Rs 99.13 crore

Net profit of Sasken Technologies declined 82.77% to Rs 30.77 crore in the quarter ended March 2017 as against Rs 178.56 crore during the previous quarter ended March 2016. Sales declined 1.97% to Rs 99.13 crore in the quarter ended March 2017 as against Rs 101.12 crore during the previous quarter ended March 2016.

For the full year,net profit declined 68.41% to Rs 66.00 crore in the year ended March 2017 as against Rs 208.94 crore during the previous year ended March 2016. Sales declined 2.85% to Rs 390.46 crore in the year ended March 2017 as against Rs 401.92 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales99.13101.12 -2 390.46401.92 -3 OPM %6.016.78 -7.347.64 - PBDT9.4415.97 -41 58.2362.02 -6 PBT8.0714.47 -44 52.3256.16 -7 NP30.77178.56 -83 66.00208.94 -68

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First Published: Apr 20 2017 | 4:22 PM IST

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