Saksoft Ltd. announced its Q2 FY25 financial results, revealing moderate growth in both profitability and revenue on a sequential basis, though a slight dip in operating margin impacted overall performance.
Key Financial Highlights for Q2 FY25:
- Profit After Tax (PAT): ₹26.16 crore, representing a 2.3% increase from ₹25.6 crore in Q1 FY25.
- Revenue: ₹215 crore, showing a growth of 7.1% from ₹201 crore in the previous quarter.
- Earnings Before Interest and Tax (EBIT): ₹34 crore, up 4.9% compared to ₹32 crore in Q1 FY25.
- Margin: The operating margin was 15.6%, a decrease of 32 basis points from 15.9% in Q1 FY25, suggesting slight cost pressures affecting profitability.
Analysis:
Saksoft’s Q2 results demonstrate solid demand for its services, as seen in the revenue and profit growth. However, the dip in margins highlights some cost pressures, possibly due to rising expenses or investments in growth initiatives. Despite this, the company’s ability to expand revenue and maintain profitability reflects operational resilience, indicating a generally positive outlook.
As of 3:11 pm, Saksoft’s shares were trading 4.20% lower at ₹225.72 on the NSE, as investors reacted to the marginal contraction in operating margin.
