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Sasken Communication drops after Q1 result

July 20, 2007

The stock of Sasken Communications dropped 5.11% to Rs 459 on the NSE.

On a sequential basis, Sasken’s consolidated net profit dropped 45.43% to Rs 6.39 in Q1 June 2007 over Q4 March 2007. Sales declined 5.46% to Rs 128 crore in Q1 June 2007 over March 2007.

The net profit declined 26.12% to Rs 6.39 crore in Q1 June 2007 over Q1 June 2006. Sales moved up 40.47% to Rs 128 crore in Q1 June 2007 over Q1 June 2006.

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