Z-tech India Q1 Results with Income ₹1,624.06 Crore & Profit ₹235.04 Crore

Z-tech India Q1 Results

The Q1 results show a decrease in total income and profit compared to the previous year. Despite a reduction in expenses, the overall profit has decreased, reflecting a challenging period for Z-tech India.

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Z-tech India Reports in Q1 FY 2024-2025

Z-tech India reported its financial performance for the first quarter of the financial year ending June 30, 2024. The company earned a total income of ₹1,624.06 crore, which is a decrease from ₹2,216.79 crore earned in the same quarter of the previous year. This decrease is partly due to a drop in revenue from operations and other income. The total income for this quarter includes ₹0.62 crore from other income.

Z-tech India’s expenses totaled ₹1,304.70 crore for this quarter, compared to ₹1,634.29 crore in the previous year’s same quarter. Major expenses included ₹1,059.09 crores for the cost of material consumed, ₹138.09 crores for employee benefits, and ₹17.45 crore for depreciation and amortization. Finance costs were ₹0.93 crore, and other expenses were ₹89.13 crore.

Z-tech India’s profit before tax for this quarter was ₹319.36 crore, down from ₹582.50 crore in the same quarter last year. After accounting for tax expenses and deferred tax, the total profit for the period was ₹235.04 crore. The earnings per share (EPS) for this quarter were ₹2.26, which is lower than the ₹4.91 EPS from the previous year’s same quarter.

Z-tech India 

Z-tech India is valued at ₹403 crore in the stock market. The current share price is ₹315. The highest price the stock has reached is ₹360, while the lowest is ₹99.2. The stock has a Price-to-Earnings (P/E) ratio of 51.6, which shows how expensive the stock is compared to its earnings. 

Here’s a summary of the financial data:

Quarterly Results 

Z-tech India is a company specializing in technology and software solutions. They offer services like developing software applications, managing IT infrastructure, and providing tech support. Their focus is on helping businesses improve their operations and technology usage. 

Here are the simplified financial results:

About Z-tech India    

Z-tech India is a company focused on creating innovative solutions for various industries. They aim to provide customized and environmentally friendly services. Their work includes designing and developing theme-based city parks, managing industrial wastewater, and offering specialized geotechnical solutions.

Z-tech India’s mission is to be a positive force for change. They help clients improve their environmental and community engagement. By focusing on these areas, Z-tech India supports sustainable development and business growth.

Z-tech India’s vision is to create and implement ideas that promote environmentally friendly urban development. They work to ensure that their solutions are both innovative and practical, helping businesses grow while protecting the environment.

Z-tech India values inclusion, diversity, and equity in their workplace. They believe that a strong, inclusive team is essential for success. Their approach to the market is collaborative, aiming to work closely with partners to achieve shared goals. They are committed to promoting the greater good through their business practices, ensuring that their work benefits people, shareholders, customers, and society.