Press Release: Saksoft records 17% Y-o-Y growth in PBT

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Press Release: Saksoft records 17% Y-o-Y growth in PBT

Chennai, August 12, 2016: Saksoft Limited (BSE: 590051) (NSE: SAKSOFT), announced its First Quarter results ending on 30th June, 2016 at its Board Meeting held today.

Commenting on Saksoft’s quarterly performance, Aditya Krishna Chairman & Managing Director, Saksoft said “Our initiative towards becoming a full service digital transformation partner to our customer has begun to show positive results. We now have a complete offering in Analytics, Mobility, Cloud and Digital Testing and we are beginning to win deals in this space in our focus market in US, UK and APAC

Saksoft was recognized at the Big Data and Analytics Awards Summit where the company won the award for the Best practice in Data Warehousing”

Review of financial performance

Consolidated Quarter Review (Q1 2016-17 vs. Q1 2015-2016)

  • Operating revenue increased by 7% to Rs 63.95 crores against Rs 59.58 crores in the same quarter previous year.
  • 12% increase in EBITDA to Rs 9.92 crores in Q1 2016-17 against Rs 8.86 crores in Q1 2015-16
  • PBT increased to Rs 8.65 crores in Q1 2016-17 against Rs 7.42 crores in Q1 2015-16, up by 17%
  • PAT for the Q1 2016-17stood at Rs 4.69 crores against Rs 4.24 crores in Q1 2015-16, an increase of 11%

About Saksoft Limited

Saksoft’s expertise in Information Management and Business Intelligence complemented with capabilities in Application Services, Software Testing Services and Cloud Services cover the essential building blocks required for Digital Transformation. A strong Quality Assurance Practice, with a specialized Mobile Testing Lab, Agile and DevOps process approach to delivering solutions and managed services capabilities make us the perfect choice to be ‘Your Digital Transformation Partner’. For more information please visit www.saksoft.com

For further information, please contact

Karthik Subramanian
Head – Marketing
Saksoft Limited
Phone : + 91 44 2454 3500| E:107| Cell: +91 98409 05522
www.Saksoft.com

2017-06-01T04:29:51+00:00