Sasken Technologies
1,229.30
+21.90(+1.81%)
Market Cap₹1,861.50 Cr
PE Ratio44.52
Company Performance:
1D+1.81%
1M-8.31%
6M-16.60%
1Y-28.46%
5Y+48.44%
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More news about Sasken Technologies
20Nov 25
Sasken Technologies Bolsters Leadership with New Chief Growth AI Officer
Sasken Technologies Limited has appointed Mr. Rajeev Ved as its new Chief Growth AI Officer, effective November 20, 2025. Ved brings over 25 years of experience in strategy, operations, and digital transformation, with expertise in B2B technology, industrial technology, telecommunications, and mobility sectors. He previously served as CEO MD of Hitachi Rail STS India and has worked with consulting firms like BCG and Bain. Ved holds an MBA from the University of Michigan and a BS in Computer Science from the University of Maryland. This appointment signals Sasken's focus on leveraging AI for growth and innovation in product engineering and digital transformation services.
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07Nov 25
Sasken Technologies Declares ₹12 Interim Dividend Amid Q2 Profit Dip and Revenue Surge
Sasken Technologies reported mixed Q2 results with revenue doubling to ₹2.60 billion, while net profit declined to ₹98.00 million. The company declared an interim dividend of ₹12 per share. EBITDA increased to ₹150.00 million, with margin improving to 5.87%. The order book stood at $28.50 million, including $20.20 million in new business. Despite challenges, the company remains focused on growth and operational efficiency.
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23Oct 25
Sasken Technologies Shareholders Approve Meeta Malhotra as Independent Director
Sasken Technologies has successfully completed shareholder approval for Ms. Meeta Malhotra's appointment as Non-Executive Independent Director, receiving overwhelming support with 99.99% votes in favor through postal ballot. Ms. Malhotra, who brings over 25 years of experience in brand consulting and marketing, will serve a five-year term starting October 22, 2025, strengthening the company's board with her expertise from organizations like Ray+Keshavan and Stanford University.
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21Sept 25
Sasken Technologies Unfazed by U.S. H-1B Visa Program Changes
Sasken Technologies Ltd. has announced that recent modifications to the U.S. H-1B visa program, including a $100,000 annual application fee, will not impact its business operations. The company's offshore-centric delivery model, with the majority of its workforce based in India, ensures resilience against these regulatory changes. Sasken's strategic workforce distribution combines remote delivery from India with locally hired onsite or nearshore staff when needed, allowing for continued service to global clients in sectors such as semiconductor, automotive, industrial, and communications.
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18Sept 25
Sasken Technologies Partners with VicOne to Boost Automotive Cybersecurity
Sasken Technologies Limited has formed a strategic partnership with VicOne, a Trend Micro subsidiary, to provide comprehensive automotive cybersecurity solutions for global OEMs and Tier-1 suppliers. The collaboration combines VicOne's cybersecurity solutions with Sasken's engineering expertise to address cyber threats in connected and electric vehicles. The partnership aims to deliver scalable security solutions across ECUs, operating systems, and cloud systems, while also facilitating knowledge exchange between the two companies.
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12Jun 25
Sasken Technologies Partners with Microsoft to Accelerate Smart Device Innovation
Sasken Technologies has announced a strategic collaboration with Microsoft, leveraging the Microsoft Devices Ecosystem Platform (MDEP) to enhance smart device development. The partnership aims to accelerate innovation cycles, streamline development processes, and improve capabilities of future smart devices within Microsoft's ecosystem. This collaboration is expected to benefit both companies by reinforcing Sasken's position in product engineering and expanding Microsoft's device ecosystem reach.
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25Apr 25
Sasken Technologies Reports Strong Q4 FY25 Growth, Revenue Up 35.8% YoY; Declares Dividend
Sasken Technologies Limited announced its Q4 FY25 and FY25 financial results, showing significant growth. Q4 consolidated revenues reached ₹148.01 crores, up 35.8% YoY. FY25 consolidated revenues were ₹550.91 crores, a 35.6% YoY increase. The company secured deals worth USD 16.7 million in Q4, including new orders of USD 7.8 million. The Board recommended a final dividend of ₹13 per equity share for FY25. Sasken reported its lowest ever LTM employee attrition rate of 7.8% and a Q4 attrition rate of 5.7%.
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14Apr 25
Sasken Technologies Strengthens IoT and 5G Capabilities with Borqs Technologies Acquisition
Sasken Technologies Limited has finalized the acquisition of BORQS International Holding Corp on April 8, 2025. This strategic move enhances Sasken's capabilities in IoT and 5G product development, aligning with their '60x4x3' growth strategy. The acquisition brings expanded expertise, end-to-end solutions, and valuable intellectual property to Sasken. Borqs' founder, Hareesh Ramana, joins Sasken's leadership team. The merger is expected to strengthen Sasken's position in high-demand markets and accelerate innovation in connected devices.
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08Apr 25
Sasken Technologies Expands IoT Capabilities with $40 Million Acquisition of Borqs International
Sasken Technologies' subsidiary has acquired BORQS International Holding Corp for up to $40 million, enhancing its IoT capabilities. The deal, completed on April 8, 2025, involves purchasing 100% share capital of BORQS and its subsidiaries. This strategic move aims to strengthen Sasken's position in IoT product development, from concept to market. BORQS specializes in customized IoT solutions and had a consolidated turnover of $32.05 million in FY2023.
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Sasken Technologies
1,229.30
+21.90
(+1.81%)
1 Year Returns:-28.46%
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