Ksolves India Q1 Results Revenue of ₹3,157.03 lakhs and Profit Before Tax of ₹1,181.30 lakhs

Ksolves India Q1 Results: Ksolves India announced their Q1 financial results on August 25, 2024, revealing a notable 12.5% increase in revenue compared to the previous quarter.

For the quarter ending June 30, 2024, the company reported revenue of ₹3,157.03 lakhs, up from ₹2,811.76 lakhs in the preceding quarter. This positive growth reflects the company's ongoing success in expanding its software solutions and capturing market demand.

The company also saw a 9.4% increase in profit before tax year-over-year, reaching ₹1,181.30 lakhs compared to ₹1,080.12 lakhs in the same quarter last year. This rise in profit highlights Ksolves India's effective cost management and operational efficiency, despite a slight increase in expenses.

Overall, the results demonstrate a solid financial performance and a positive outlook for the company's continued growth and profitability.

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Ksolves India Q1 Results 2024 - 2025

Here is a summary of Ksolves India's Q1 financial results for the 2024-2025 fiscal year:

The company's revenue and profit figures reflect a strong start to the year, showing notable improvements both quarter-over-quarter and year-over-year. The following table provides a clear overview of the key financial metrics:

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Ksolves India Current Market Overview

Ksolves India is a well-established technology company listed on both the Bombay Stock Exchange (BSE: 543599) and the National Stock Exchange (NSE: KSOLVES). As of the latest data, the company's stock is trading at ₹1,032, with a market capitalization of ₹1,224 crore.

The stock has seen a high of ₹1,468 and a low of ₹951 in recent trading. Ksolves India has a Price-to-Earnings (P/E) ratio of 34.4, reflecting strong investor confidence. The company’s book value per share is ₹20.3, and it offers a dividend yield of 1.89%.

With a Return on Capital Employed (ROCE) of 197% and a Return on Equity (ROE) of 147%, Ksolves India demonstrates impressive financial performance and efficiency. The face value of the stock is ₹10.0.

Quarterly Results

Here's a summary of Ksolves India's quarterly results for the end of 2023 and the first half of 2024:

The table below highlights the key financial metrics for Ksolves India for the quarters ending December 2023, March 2024, and June 2024. It includes sales, expenses, operating profit, and net profit, providing a snapshot of the company's performance over these periods.

About Ksolves India 

Ksolves India is a prominent software development company based in India, known for its expertise in delivering a wide range of technology solutions. Founded in 2014, the company specializes in areas such as Big Data, Data Science, Salesforce, DevOps, and cybersecurity.

Ksolves India operates with a team of over 500 skilled professionals and serves clients across the globe. The company is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), reflecting its strong presence in the financial markets.

With a commitment to innovation and customer satisfaction, Ksolves India continues to expand its services and client base, maintaining a strong reputation in the tech industry.

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