ALPHA TRIBE

Sagarsoft (India) LtdResults, 14-05-2025: Result

14-05-2025 | 08:02 pm

Sagarsoft (India) Limited has announced a board meeting on which the audited standalone and consolidated financial results for the quarter and half-year were approved. Consolidated revenue from operations stood at ₹142.36 Cr with a profit before tax of ₹8.18 Cr and net profit of ₹5.42 Cr for the year. The standalone business reported ₹56.73 Cr in revenue, profit before tax of ₹4.80 Cr and net profit of ₹3.65 Cr. The Board has proposed a final dividend of 20% subject to shareholder approval. The company completed the acquisition of Elite Computer Consultants, L.P. (USA) for $700,000, recorded as intangible assets. Related party transactions and fund utilization for a prior preferential share issue were disclosed with no deviation from intended use. Outstanding qualified borrowings increased marginally to ₹0.58 Cr by year-end. The auditors have issued unmodified opinions on both standalone and consolidated results.

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