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Expleo Solutions Ltd Q1FY24; 13% fall in Profits

Expleo Solutions Ltd is an India-based software service provider primarily delivering software validation and verification services to the BFSI industry worldwide.


Financial Results:

  • Expleo Solutions Ltd reported Revenues for Q1FY24 of ₹225.00 Crores up from ₹212.00 Crore year on year, a rise of 6.13%.
  • Total Expenses for Q1FY24 of ₹201.00 Crores up from ₹183.00 Crores year on year, a rise of 9.84%.
  • Consolidated Net Profit of ₹20.00 Crores down 13.04% from ₹23.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹13.01, down 41.89% from ₹22.39 in the same quarter of the previous year.
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