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Fidel Softech - Quaterly Results

23 May 2024 Evaluate
A fair growth of 20.30% in the revenue at Rs. 111.82 millions was reported in the March 2024 quarter as compared to Rs. 92.95 millions during year-ago period.Net profit declined -3.61% to Rs. 14.94 millions from Rs. 15.50 millions.Operating profit for the quarter ended March 2024 decreased to 19.87 millions as compared to 21.31 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 111.82 92.95 20.30 400.91 333.71 20.14 400.91 333.71 20.14
Other Income 1.65 4.25 -61.18 9.39 8.68 8.18 9.39 8.68 8.18
PBIDT 19.87 21.31 -6.76 82.39 74.48 10.62 82.39 74.48 10.62
Interest 0.00 0.00 0.00 0.00 0.30 0.00 0.00 0.30 0.00
PBDT 19.87 21.31 -6.76 82.39 74.18 11.07 82.39 74.18 11.07
Depreciation 0.59 0.88 -32.95 2.18 2.69 -18.96 2.18 2.69 -18.96
PBT 19.28 20.43 -5.63 80.21 71.49 12.20 80.21 71.49 12.20
TAX 4.34 4.93 -11.97 19.61 17.62 11.29 19.61 17.62 11.29
Deferred Tax 0.24 -1.80 -113.33 0.13 -1.94 -106.70 0.13 -1.94 -106.70
PAT 14.94 15.50 -3.61 60.60 53.87 12.49 60.60 53.87 12.49
Equity 137.51 137.51 0.00 137.51 137.51 0.00 137.51 137.51 0.00
PBIDTM(%) 17.77 22.93 -22.49 20.55 22.32 -7.92 20.55 22.32 -7.92
Peers
Company Name CMP
TCS 2202.00
Infosys 1038.20
HCL Technologies 1207.00
Wipro 167.50
Tech Mahindra 1539.50
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