Sasken Communication Technologies announced a sharp rise in standalone net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 6.53 times to Rs 1,334.62 million from Rs 204.52 million in the same quarter last year.
Net sales for the quarter declined marginally 0.22% to Rs 885.01 million, compared with Rs 886.93 million for the prior year period.
Earnings per share for the quarter stood at Rs 62.55, registering 6.47 times growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 885.01 | 886.93 | (0.22) |
| Net Profit | 1,334.62 | 204.52 | 552.55 |
| Basic EPS | 62.55 | 9.67 | 546.85 |
Shares of the company gained Rs 2.95, or 1.2%, to settle at Rs 249.05. The total volume of shares traded was 37,630 at the BSE (Monday).
