SVAM Software Reports Mixed Q1 Results: Revenue Up 11%, Profit Down 85%
Svam Software Limited reported mixed Q1 results with an 11% increase in operational revenue to ₹6.49 lakhs, but a 34% decrease in total income to ₹9.99 lakhs due to reduced other income. Profit before tax fell sharply by 85% to ₹1.04 lakhs. The company managed to reduce employee benefit expenses by 80% and eliminate finance costs. The basic and diluted EPS for the quarter stood at ₹0.01.