IT Consulting & Software company Sasken Technologies announced Q2FY24 results: Financial Performance: - Sasken Technologies reported positive financial results for Q2FY24, with consolidated revenues of Rs 102.51 crore, representing a 4.1% increase over the previous quarter. - The company's consolidated EBIT for the quarter was Rs 12.71 crore, with EBIT margins at 12.4%. - Consolidated PAT for the quarter stood at Rs 18.08 crore, with PAT margins at 17.6%. -The Board has declared an interim dividend of Rs 12 per equity share for FY24. Business Highlights: - Sasken Technologies formed a strategic partnership with Qualcomm Technologies, Inc. through the Qualcomm IoT Accelerator Program, aiming to deliver robust and efficient IoT solutions. - The company received prestigious awards, including the Exemplar of Inclusion and Top 100 Best Companies for Women in India. - Sasken Technologies added new logos to its list of esteemed customers and experienced steady growth in the automotive and digital domains. People: - As of September 2023, Sasken Technologies had 1,381 employees, with a 17% LTM attrition rate. - The company has focused on enhancing employee engagement, skill development, and learning opportunities to reduce attrition rates and improve employee experience. Result PDF