Ksolves India Ltd's Q3FY25 Quarter Results
- 2d ago
Result Summary
- Ksolves India Ltd reported a 8.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 32.4%.
- Its expenses for the quarter were down by 97.5% QoQ and 96.6% YoY.
- The net profit increased 12.3% QoQ and increased 15.4% YoY.
- The earnings per share (EPS) of Ksolves India Ltd stood at 8.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 37.78 | 34.93 | 28.54 | 8.2% | 32.4% |
Total Expenses | 0.56 | 22.34 | 16.66 | -97.5% | -96.6% |
Profit Before Tax | 13.60 | 12.59 | 11.88 | 8.0% | 14.5% |
Tax | 3.28 | 3.40 | 2.94 | -3.5% | 11.6% |
Profit After Tax | 10.32 | 9.19 | 8.94 | 12.3% | 15.4% |
Earnings Per Share | 8.70 | 7.80 | 7.50 | 11.5% | 16.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ksolves India Ltd is a technology company that specializes in providing software development, IT consulting, and technology solutions. The company operates in the IT services industry, which involves offering a wide array of services including software development, cloud computing, data analytics, and enterprise solutions. Ksolves India Ltd has been recognized for its expertise in delivering high-quality technology services to its clients. However, specific recent major developments about the company are not available within the provided data set.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Ksolves India Ltd reported total income of ₹37.78 crores. This represents a quarter-over-quarter (QoQ) increase of 8.2% from ₹34.93 crores in the second quarter of the fiscal year 2025 (Q2FY25). Year-over-year (YoY), the total income has grown by 32.4% from ₹28.54 crores in the third quarter of the fiscal year 2024 (Q3FY24). The significant year-over-year increase in total income suggests that the company has been experiencing growth in its revenue streams over the past year.
Profitability
The company reported a profit before tax (PBT) of ₹13.60 crores in Q3FY25, which shows an 8.0% increase from ₹12.59 crores in Q2FY25. Year-over-year, the PBT increased by 14.5% from ₹11.88 crores in Q3FY24. The tax expense for Q3FY25 was ₹3.28 crores, slightly lower than the ₹3.40 crores reported in Q2FY25, marking a QoQ decrease of 3.5%. The profit after tax (PAT) for Q3FY25 was ₹10.32 crores, reflecting a 12.3% QoQ increase from ₹9.19 crores in Q2FY25 and a 15.4% YoY increase from ₹8.94 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 stood at ₹8.70, which is an increase of 11.5% QoQ from ₹7.80 and 16.0% YoY from ₹7.50.
Operating Metrics
Ksolves India Ltd's total expenses in Q3FY25 were ₹0.56 crores, which represents a substantial decrease of 97.5% from ₹22.34 crores in Q2FY25. Year-over-year, the expenses decreased by 96.6% from ₹16.66 crores in Q3FY24. This significant reduction in expenses could have impacted the overall profitability of the company positively. The company's operational efficiency is reflected in its ability to manage expenses effectively, contributing to the overall positive financial performance for the quarter.
