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KSolves India - Quaterly Results

02 May 2024 Evaluate
The sales for the March 2024 quarter moved up 35.18% to Rs. 303.65 millions as compared to Rs. 224.62 millions during the corresponding quarter last year.Net Profit recorded in the quarter ended March 2024 rise to 33.39% to Rs. 95.80  millions  compared to R. 71.82 millions in corresponding previous quarter.Operating profit for the quarter ended March 2024 rose to 131.63 millions as compared to 94.49 millions of corresponding quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 303.65 224.62 35.18 1080.73 771.16 40.14 1080.73 771.16 40.14
Other Income 0.70 4.24 -83.49 3.37 6.22 -45.82 3.37 6.22 -45.82
PBIDT 131.63 94.49 39.31 467.31 333.95 39.93 467.31 333.95 39.93
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBDT 131.63 94.49 39.31 467.31 333.95 39.93 467.31 333.95 39.93
Depreciation 2.77 1.17 136.75 8.37 4.02 108.21 8.37 4.02 108.21
PBT 128.86 93.32 38.08 458.94 329.93 39.10 458.94 329.93 39.10
TAX 33.06 21.50 53.77 116.64 81.23 43.59 116.64 81.23 43.59
Deferred Tax -0.11 -1.20 -90.83 0.01 -1.67 -100.60 0.01 -1.67 -100.60
PAT 95.80 71.82 33.39 342.30 248.70 37.64 342.30 248.70 37.64
Equity 118.56 118.56 0.00 118.56 118.56 0.00 118.56 118.56 0.00
PBIDTM(%) 43.35 42.07 3.05 43.24 43.30 -0.15 43.24 43.30 -0.15
Peers
Company Name CMP
TCS 2094.95
Infosys 1014.00
HCL Technologies 1252.00
Wipro 165.15
Tech Mahindra 1564.00
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