Ksolves India Reports Record High Net Sales and Profit in Q3 FY24-25

Ksolves India, a small-cap player in the IT software industry, has reported its financial results for the third quarter of FY24-25, revealing notable developments across various metrics. The company announced its results on January 19, 2025, showcasing a record high in net sales, which reached Rs 37.70 crore. This figure represents a significant shift compared to the average net sales of Rs 31.32 crore observed over the previous four quarters, indicating a consistent growth trend over the last five quarters.
In addition to net sales, Ksolves India reported an operating profit of Rs 14.08 crore, marking the highest quarterly figure in the last five quarters. Profit before tax (PBT) was recorded at Rs 13.52 crore, while profit after tax (PAT) reached Rs 10.32 crore, both reflecting strong performances in recent quarters. The earnings per share (EPS) also saw an upward movement, increasing to Rs 8.70, which underscores the company's enhanced profitability.

Furthermore, the debtor turnover ratio improved to 7.38 times, suggesting a more efficient approach to managing debts. Overall, the financial results indicate a robust performance for Ksolves India in the recent quarter, with various metrics showcasing positive trends.

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