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Systango Technologies (NSE:SYSTANGO) Net Income : ₹169.2 Mil (TTM As of Mar. 2024)


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What is Systango Technologies Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Systango Technologies's Net Income for the six months ended in Mar. 2024 was ₹87.8 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was ₹169.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Systango Technologies's Earnings per Share (Diluted) for the six months ended in Mar. 2024 was ₹5.98.


Systango Technologies Net Income Historical Data

The historical data trend for Systango Technologies's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Systango Technologies Net Income Chart

Systango Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
25.19 59.58 68.40 139.92 169.19

Systango Technologies Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Income Get a 7-Day Free Trial - 43.62 96.30 81.41 87.79

Systango Technologies Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Systango Technologies's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=210.653+-41.459+0+-0.00099999999997635
=169.2

Systango Technologies's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=115.748+-27.961+0+-0.0010000000000048
=87.8

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹169.2 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Systango Technologies  (NSE:SYSTANGO) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Systango Technologies's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Systango Technologies Net Income Related Terms

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Systango Technologies (NSE:SYSTANGO) Business Description

Traded in Other Exchanges
N/A
Address
Ring Road, 3rd Floor (LHS), STP-I Crystal IT Park, Indore, MP, IND, 452010
Systango Technologies Ltd is engaged in the business of providing software solutions to design, implement, and manage their own Customized Digital Platforms including Web2, Web3, and Mobile applications, with an emphasis on data and analytics. The range of software solutions provided by the company is wide and includes website development, mobile app development for both IOS and Android applications, web3 development, decentralized finance, data engineering, implementation of blockchain, cloud computing, and digital marketing. Systango offers its services across various sectors like Hospitality, Property Tech, Financial Services, Fantasy Sports, and many others.

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