It had sought SAT that the buyback scheme could be proceeded with the same conditions as set out in its announcement on April 18. The company has an equity capital of Rs 28.56 crore. Face value per share is Rs 10. The current price of Rs 154.20 discounts its Q1 June 2008 annualised EPS of Rs 12.82, by a PE multiple of 12.03.
Sasken Communication Technologies' net profit rose 29.24 per cent to Rs 9.15 crore in Q1 June 2008 over Q4 March 2008. Total income rose 7.81 per cent to Rs 110.72 crore in Q1 June 2008 over Q4 March 2008.
The company provided telecommunication software services and solutions and operated in three segments, software services, software products and network engineering services.