Saksoft FY13 Total Revenue at Rs 158.97 Crore up 30%

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Saksoft Limited

27 May, 2013, 16:16 IST

CHENNAI, May 27, 2013 /PRNewswire/ --

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Saksoft Limited (BSE: 590051) (NSE: SAKSOFT), an information management specialist company, announced its fourth quarter and full year results ended on 31st March' 2013. The results are available on the company's website, www.saksoft.com.

Review of financial performance for the quarter ended 31st March, 2013

Consolidated Y-o-Y Review (Q4 2012-13 vs. Q4 2011-12)

  • Operating revenue was Rs 50.02 crore during the quarter under review as compared to Rs 33.10 crore; an increase of 51% on Y-o-Y terms.
  • Total income was Rs. 50.30 crore during the quarter under review as compared to Rs. 33.15 crore during the same quarter in the previous year, up by 52% Y-o-Y.
  • EBITDA stood at Rs. 4.72 crore for the quarter under review as compared to Rs. 3.2 crore in Q4FY12 up by 48%.
  • Net profit stood at Rs 3.31 crore in Q4FY13 as against Rs 1.43 crore in Q4FY12, up by 131%.
  • Basic EPS for the quarter stood at Rs. 3.44 as against Rs 1.49 in Q4FY12, up 131% Y-o-Y basis.

Consolidated FY13 Review

  • Operating revenue was Rs 158.97 crore as compared to Rs 122.78 crore during the corresponding period of previous year reflecting an increase of 30% in rupee terms.
  • Total income was Rs. 159.74 crore for the year as compared to Rs. 123.83 crores in FY12.
  • EBITDA stood at Rs 17.26 crore as compared to Rs 13.25 crore during the corresponding period of previous year up by 30%.
  • Net profit stood at Rs 10.90 crore for FY13 ended March 31, 2013 as compared to net profit of Rs 7.01 crore in the corresponding period of the previous year.
  • Basic EPS stood at Rs. 11.35 an increase of 55% over the same period last year.

Commenting on the results, Mr. Aditya Krishna, Managing Director, Saksoft Limited, said, "We are beginning to see positive results from alignment to Information Management as a core business area for Saksoft. Our focus on right partnerships, appropriate offerings and long term client engagements is enabling the organisation to fuel its growth and set ambitious goals for itself in the coming years."

About Saksoft Limited

Saksoft is a leading provider of information management solutions to successful companies around the world. We deliver success to the enterprise by helping consolidate, organize and manage large volumes of data collected by businesses.  Working with data sources that are often disparate and complex, we make accurate, high quality, relevant information readily available to the people that need it. By being better informed, these companies are empowered to make key decisions and implement strategies for making their enterprises successful. Visit www.saksoft.com.

Primary Media Contact: Sampath Rengachari, [email protected], 91-8754416789