CHENNAI, India, Aug. 11, 2020 /PRNewswire/ -- Saksoft Limited (BSE: 590051) (NSE: SAKSOFT), announced its un-audited financial results for the Quarter ended 30th June 2020.
Commenting on the results and performance Aditya Krishna, Chairman & Managing Director of Saksoft Ltd said:
"In these unprecedented times, our focus on always doing what is right for our customer's businesses has further strengthened our customer relationships. In a difficult quarter we have managed to maintain both our top-line and bottom-line and we are hopeful to grow revenues as soon as our customers begin to increase their IT spending. Our value proposition of supporting mission critical digital applications in select industry verticals will ensure high demand for our services in our target market."
Result Highlights Q1FY21 on Q-o-Q basis :
*PAT before minority interest
1. REVENUE METRICS- %
A. Revenue by Geo *
Asia/ Asia Pacific & Others
B. Revenue Mix
C. Revenue by Industry Verticals
Retail and Health Care
Transportation & Logistics
2. CUSTOMER METRICS
A. Client Metrics- No of clients/customers per Million Dollar**
>0.5Mn to 1Mn
B. Client's Contribution to Revenue
3. HEADCOUNT METRICS
A. Headcount & Utilisation
Total Employee Count
B. Utilisation-IT Services
** Annualised Figures
About Saksoft Limited
Saksoft Limited is a leading player in providing digital transformation solutions to help businesses stay relevant in a highly connected, rapidly evolving world. Saksoft is a niche technology specialist that provides a comprehensive suite of business transformation, information management, application development and testing services. Saksoft helps their clients level the playing field by helping them transform their business spaces.
Saksoft is headquartered in Chennai (India), and has 14 offices across the USA, Europe and Asia employing over 1,200+ people. For more information, please visit www.Saksoft.com
Safe Harbor Statement
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward-looking statements. The company assumes no obligation to update forward-looking statements to reflect actual results changed assumptions or other factors.
For further information, please contact:
Mr. Niraj Kumar Ganeriwal, CFO
Ms. Swetaleen Tripathy