Saksoft announced the acquisition of Ceptes Software, a recognized expert in Salesforce services, headquartered in Bengaluru, Karnataka. Saksoft stated that it anticipates the transaction will be closed within 4 weeks pending customary closing conditions. This strategic acquisition will significantly help Saksoft expand its capabilities around Salesforce solutions, cloud innovation, and customer experience optimization. Ceptes with its 15+ years of experience and as a Salesforce Summit Partner, leverages Salesforce`s full ecosystem, from Sales Cloud and Service Cloud to advanced platforms like Einstein AI and Data Cloud, helping businesses optimize their processes and enhance customer engagement. Powered by Capital Market - Live News

Net profit of Saksoft rose 1.75% to Rs 25.59 crore in the quarter ended June 2024 as against Rs 25.15 crore during the previous quarter ended June 2023. Sales rose 9.56% to Rs 201.01 crore in the quarter ended June 2024 as against Rs 183.47 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales201.01183.47 10 OPM %17.4318.83 - PBDT36.5835.59 3 PBT33.5832.88 2 NP25.5925.15 2 Powered by Capital Market - Live News

The Board of Saksoft at its meeting held on 07 August 2024 has approved issue of bonus shares in ratio of 1:4 (one new bonus equity share of Re 1 each for every four existing equity shares of Re 1 each). Powered by Capital Market - Live News

Saksoft will hold a meeting of the Board of Directors of the Company on 7 August 2024Powered by Capital Market - Live News

Net profit of Saksoft declined 7.16% to Rs 23.20 crore in the quarter ended March 2024 as against Rs 24.99 crore during the previous quarter ended March 2023. Sales rose 7.05% to Rs 194.90 crore in the quarter ended March 2024 as against Rs 182.06 crore during the previous quarter ended March 2023.For the full year,net profit rose 17.31% to Rs 96.17 crore in the year ended March 2024 as against Rs 81.98 crore during the previous year ended March 2023. Sales rose 14.43% to Rs 761.63 crore in the year ended March 2024 as against Rs 665.60 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales194.90182.06 7 761.63665.60 14 OPM %17.0917.86 -17.9516.25 - PBDT34.6332.60 6 140.11115.40 21 PBT31.2729.87 5 128.21105.44 22 NP23.2024.99 -7 96.1781.98 17 Powered by Capital Market - Live News