Integrated Filing — IndAS

General information about company
Scrip Code	532663
NSE Symbol	SASKEN
MSEI Symbol	NOTLISTED
ISIN	INE231F01020
Name of company	Sasken Technologies Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	25-Apr-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	18-Apr-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Software services
Start date and time of board meeting	25-Apr-2025   09:00:00
End date and time of board meeting	25-Apr-2025   19:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1480110000	5509138000
	Other income	99019000	558350000
	Total income	1579129000	6067488000
2	Expenses
(a)	Cost of materials consumed	0	0
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	1153144000	4295215000
(e)	Finance costs	7139000	27736000
(f)	Depreciation, depletion and amortisation expense	36181000	139638000
(f)	Other Expenses
1	Other Expenses	256156000	984816000
	Total other expenses	256156000	984816000
	Total expenses	1452620000	5447405000
3	Total profit before exceptional items and tax	126509000	620083000
4	Exceptional items	0	0
5	Total profit before tax	126509000	620083000
6	Tax expense
7	Current tax	33843000	115472000
8	Deferred tax	-22393000	-484000
9	Total tax expenses	11450000	114988000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	115059000	505095000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	115059000	505095000
17	Other comprehensive income net of taxes	-23678000	24176000
18	Total Comprehensive Income for the period	91381000	529271000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	110257000	502826000
	Total profit or loss, attributable to non-controlling interests	4802000	4802000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	86594000	527055000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	4787000	2216000
21	Details of equity share capital
	Paid-up equity share capital	151216000	151216000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	7.29	33.3
	Diluted earnings (loss) per share from continuing operations	7.25	33.04
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	7.29	33.3
	Diluted earnings (loss) per share from continuing and discontinued operations	7.25	33.04
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Other Equity as at year ended March 31, 2025 - INR 77252.49. n nNOTES: n n1. The above audited consolidated financial results for the quarter and year ended March 31, 2025 (“consolidated results”), have been prepared in accordance with Indian Accounting Standards (‘Ind AS’) as prescribed under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 (as amended) n nThe figures for the quarters ended March 31, 2025 and March 31, 2024 are the balancing figures between the audited figures in respect of the full financial years and published audited year to date figures upto the end of the third quarter of the relevant financial year. n n2. The consolidated results have been approved by the Board of Directors of the Company at its meeting held on April 25, 2025 and the undersigned is duly authorized to sign the same. The statutory auditors have expressed an unmodified opinion on these consolidated results. n n3. Segment Reporting n nThe Chief Executive Officer of the Company has been identified as the Chief Operating Decision Maker (CODM) as defined by Ind AS 108, “Operating Segments”. The Group operates in one segment only i.e. “Software Services”. The CODM evaluates performance of the Group based on revenue and operating income from “Software Services”. Accordingly, segment information has not been separately disclosed. n n4. Sasken Design Solutions Pte. Ltd, a wholly owned subsidiary of the Company with its registered office in Singapore, acquired 100% share capital of the BORQS International Holding Corp along with its identified wholly owned subsidiaries for an aggregate consideration (including earn-outs) not exceeding US$ 40 million (up to ~Rs.338 crores) subject to adjustments / completion of specified conditions, as set out in the Share Purchase Agreement dated April 8, 2025. Following this acquisition, the said target entities will become Step Down Subsidiaries (SDS) of the Company effective April 8, 2025. n nAs the acquisition occurred after the reporting date of March 31, 2025, and does not relate to conditions existing at that date, no adjustments have been made in the financial statements for the year ended 31 March 2025. The accounting for the business combination will be completed in the financial statements for the year ending March 31, 2026, in accordance with Ind AS 103 – Business Combinations. The initial assessment of the fair values of the assets acquired and liabilities assumed is in progress as at the date of approval of these financial statements. n n5. The Board of Directors has recommended a final dividend of Rs.13 per equity share of Rs. 10 each for the year ended March 31, 2025. The payment is subject to approval of shareholders in the ensuing Annual General Meeting of the Company. Once approved, the cumulative dividend for the year will amount to Rs. 25 per equity share (including interim dividend of Rs.12 declared on October 25, 2024). n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	596892000
	Capital work-in-progress	7041000
	Investment property	0
	Goodwill	100472000
	Other intangible assets	64866000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	3931758000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	92488000
	Total non-current financial assets	4024246000
	Deferred tax assets (net)	737746000
	Other non-current assets	0
	Total non-current assets	5531263000
2	Current assets
	Inventories	0
	Current financial asset
	Current investments	1982332000
	Trade receivables, current	1064598000
	Cash and cash equivalents	332015000
	Bank balance other than cash and cash equivalents	55618000
	Loans, current	0
	Other current financial assets	473521000
	Total current financial assets	3908084000
	Current tax assets (net)
	Other current assets	144175000
	Total current assets	4052259000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	9583522000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	151216000
	Other equity	7725249000
	Total equity attributable to owners of parent	7876465000
	Non controlling interest	156785000
	Total equity	8033250000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	256146000
	Total non-current financial liabilities	256146000
	Provisions, non-current	94333000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	350479000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	5542000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	149453000
	Total Trade payable	154995000
	Other current financial liabilities	242673000
	Total current financial liabilities	397668000
	Other current liabilities	352409000
	Provisions, current	237963000
	Current tax liabilities (Net)	211753000
	Deferred government grants, Current	0
	Total current liabilities	1199793000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	1550272000
	Total equity and liabilites	9583522000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of defined benefit plans	-29014000	-2930000
2	Equity instruments through other comprehensive income	4419000	13033000
	Total Amount of items that will not be reclassified to profit and loss	-24595000	10103000
2	Income tax relating to items that will not be reclassified to profit or loss	-6261000	2268000
3	Amount of items that will be reclassified to profit and loss
1	Effective portion of gain / (loss) on hedging instruments in cash flow hedges	-1832000	-15970000
2	Debt instruments through other comprehensive income	-8374000	26217000
3	Exchange differences in translating financial statements of foreign operations	2096000	2366000
	Total Amount of items that will be reclassified to profit and loss	-8110000	12613000
4	Income tax relating to items that will be reclassified to profit or loss	-2766000	-3728000
5	Total Other comprehensive income	-23678000	24176000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			620083000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			27736000
	Adjustments for decrease (increase) in inventories			0
	Adjustments for decrease (increase) in trade receivables, current			-498016000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-294046000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-196904000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			139638000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			151209000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-6116000
	Adjustments for dividend income			11475000
	Adjustments for interest income			173904000
	Adjustments for share-based payments			38026000
	Adjustments for fair value losses (gains)			-364943000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-517000
	Other adjustments to reconcile profit (loss)			-520000
	Other adjustments for non-cash items			-9507000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-1199339000
	Net cash flows from (used in) operations			-579256000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			-7667000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-571589000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			5890499000
	Other cash payments to acquire equity or debt instruments of other entities			5084449000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			1219000
	Purchase of property, plant and equipment			99347000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			11475000
	Interest received			144155000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-28627000
	Net cash flows from (used in) investing activities	834925000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			436000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			87527000
	Dividends paid			377289000
	Interest paid			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-464380000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-201044000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			8482000
	Net increase (decrease) in cash and cash equivalents			-192562000
	Cash and cash equivalents cash flow statement at beginning of period			524577000
	Cash and cash equivalents cash flow statement at end of period			332015000