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