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.
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.