Saksoft Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2021
November 11, 2021 at 08:02 am
Share
Saksoft Limited reported earnings results for the second quarter and six months ended September 30, 2021. For the second quarter, the company reported sales was INR 1,147.25 million compared to INR 971.9 million a year ago. Revenue was INR 1,147.09 million compared to INR 973.35 million a year ago. Net income was INR 130.93 million compared to INR 107.29 million a year ago. Basic earnings per share from continuing operations was INR 13.13 compared to INR 10.79 a year ago. Diluted earnings per share from continuing operations was INR 11.99 compared to INR 10.17 a year ago.
For the six months, sales was INR 2,168.67 million compared to INR 1,909.42 million a year ago. Revenue was INR 2,243.16 million compared to INR 1,921.05 million a year ago. Net income was INR 307.8 million compared to INR 208.55 million a year ago. Basic earnings per share from continuing operations was INR 30.89 compared to INR 20.98 a year ago. Diluted earnings per share from continuing operations was INR 28.48 compared to INR 19.83 a year ago.
Saksoft Limited is an India-based technology services provider. The Company is engaged in providing digital transformation solutions to help businesses. The Company provides a niche technology specialist that provides a comprehensive suite of business transformation, information management, application development and testing services. The Company also provides technology services to companies in the industry verticals of fintech, logistics and transportation, healthtech and utilities. Its services include application engineering, data analytics, testing and quality assurance (QA), and cloud, infra and security. It has also developed cutting-edge healthcare products and solutions for its clients worldwide. It leverages its technology services capabilities to help companies in the utilities industry vertical with mission-critical custom-developed solutions. Its subsidiaries include Saksoft Inc, Saksoft Pte Limited, Saksoft Solutions Limited and others.