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KSolves India - Quaterly Results

02 May 2024 Evaluate
The sales surged to Rs. 303.65 millions, up 35.18% for the March 2024 quarter as against Rs. 224.62 millions during the corresponding quarter previous year.A comparatively good net profit growth of 33.39% to Rs. 95.80 millions was reported for the quarter ended March 2024 compared to Rs. 71.82 millions of previous same quarter.The company reported a good operating profit of 131.63 millions compared to 94.49 millions of corresponding previous quarter.


(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 2090.70
Infosys 1012.00
HCL Technologies 1252.80
Wipro 164.85
Tech Mahindra 1561.00
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