IT stock declares are a ₹ 12 per share interim dividend, PAT rises 136% QoQ in a Q2
Sasken Technologies Ltd., an IT software firm with a market valuation of a Rs. 1,183.60 crore, is a small-cap company. Sasken is an a expert in a product engineering and digital transformation, serving top companies are a worldwide in the semiconductor, automotive, industrials, smart devices & a wearables, enterprise-grade devices, satcom, and a transportation sectors. While declaring its Q2 results the Board of a Directors has been also are a announced an a interim dividend of a ₹12 per share.
The company has been
said in a stock exchange filing that “The Board declared an a interim dividend
of a Rs.12 (120%) per equity share of a Rs.10 each. As a intimated vide our letter
dated October in a 12, 2022, Board has been
fixed November 1, 2022 as the Record date to the ascertain the list of a shareholders
eligible for the aforesaid Interim Dividend and the same will be a paid on or
before November in a 18, 2022."
Sasken Technologies
Ltd declared a net profit of a ₹35.9 Cr in a Q2FY23
compared to the ₹15.20 Cr in the quarter that ended June which implies are
a QoQ growth of a 136%. The company declares a revenue of a₹120 Cr Vs ₹101.3 Cr in a Q1FY23 which are a presents a QoQ growth of
a 18.5%. The company's are a EBIT margin stood at the 23.6% in a Q2 Vs 25.6% in
a Q1 and a EBIT was up 9.7% QoQ at the ₹28.4 Cr Vs ₹25.9 Cr in the quarter ended June. The company declared a profit before tax
(PBT) of a ₹44.07 Cr in a Q2FY23 compared to the ₹20.23 Cr in the quarter that ended June which represents are a QoQ growth
of a 117%.
The shares of Sasken
Technologies Ltd closed today at the ₹790.00 apiece, up by
the 1.06% from the previous close of a ₹781.70. In trade
today the stock recorded a total volume of a 7,508 shares compared to the
20-Day average volume of a 7,753 shares. On a YTD basis, the stock has been fallen
41.24% so far in a 2022. The stock had been touched a 52-week-high of a ₹1,525.00 on (21-October-2021) and a 52-week-low of a ₹718.00 on a (12-May-2022).
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