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Sasken Communication Technologies has reported a consolidated net profit of ₹9.07 crore for the fourth quarter ended March 31, 2014, up 29.2 per cent compared with the same period last year.
Consolidated revenues stood at ₹ 116.32 crore for the quarter, a 2.6 per cent increase on a year-on-year basis.
Interim dividend Further, the board has recommended an interim dividend of 30 per cent or ₹3 per equity share of ₹10 each and a final dividend of 15 per cent or ₹1.50 per equity share of ₹10 each for the fiscal year 2014.
Commenting on the results Sasken CEO Anjan Lahiri said: “After two quarters of flat revenues in Q2 and Q3 in dollar terms, we are pleased to have registered a quarter of revenue growth.”
However, he added that the company is in the middle of a transformation, adding new services and addressing new segments.
The results of these changes will take time to show, he said.
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