Sasken Technologies has reported 125 per cent Y-o-Y jump in its Q4 net profit to ₹26.98 crore. Besides, the board has also declared a final dividend of ₹13 per share.
The company said its pact with Qualcomm marks a significant milestone in the realm of IoT innovation and underscores both firms' commitment in shaping the future of connected devices and services.
The stock rallied 14% to Rs 860 after the company reported a strong 27.5% sequentially growth in consolidated net profit at Rs 259 million in March 2018 quarter.
