Sasken Q4 FY08 revenues at Rs 157.3 crores – up 11% quarter on quarter
(Business News, 12 May 2008 )
Bangalore: Sasken Communication Technologies Limited, a pioneer in telecom R&D and support outsourcing, has announced its consolidated results according to Indian GAAP for the fourth quarter and full financial year ended March 31, 2008.
Performance Snapshot
Consolidated Revenues: Rs 157.3 crore for Q4 FY 08, an increase of 16% over Q4 FY07 and 11 % over previous quarter, Q3 FY08. For the full year FY 08, consolidated revenues stands at Rs 570.21 crores and grew at 20% over the previous financial year revenue of 477 crores. In dollar terms, FY 08 consolidated revenue of $142 Million grew at 34.5% over FY 07 revenue of $105.6 Million. Consolidated Profit After Tax (PAT): Rs. 14.8 crore for Q4 FY 08 an increase of 284% over Rs 3.9 crores for Q3 FY 08 and an increase of 44 % over Q4 FY 07. For the full year net profit stood at 39.4 crores.
Consolidated Basic EPS stands at Rs 5.18 for the quarter Q4 2008 and Rs 13.8 for FY 2008.
Dividend declared: 40%
More information can be found on the company’s website
