Inspirisys Solutions Reports Strong Financial Performance in Q1 FY25

Inspirisys Solutions, a microcap IT software company, has recently announced its financial results for the quarter ending June 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Inspirisys Sol. has shown a very positive performance in the quarter, with a score of 21, which is an improvement from 18 in the previous 3 months. This indicates a strong financial performance for the company.

One of the key factors contributing to this positive performance is the Profit Before Tax (PBT) less Other Income, which has grown by 207.86% year on year, reaching Rs 2.47 crore. The near-term trend for PBT is also very positive. Similarly, the Profit After Tax (PAT) has also shown a significant growth of 178.3% year on year, reaching Rs 2.49 crore. The near-term trend for PAT is also very positive.

Another positive aspect of the company’s financials is the Operating Cash Flow, which has been consistently growing each year for the past three years and has reached its highest at Rs 28.77 crore annually. This indicates that the company has been generating higher cash revenues from its business operations.

In terms of liquidity, Inspirisys Sol. has also shown improvement with its Cash and Cash Equivalents reaching its highest at Rs 59.10 crore in the last six half-yearly periods. This indicates a strong short-term liquidity for the company.

Overall, the financial results for the quarter ending June 2024 have been very positive for Inspirisys Solutions, showcasing its strong performance and growth potential in the IT software industry.