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Fidel Softech Ltd Q1FY24; 189% rise in Profits

Fidel Softech is engaged in implementing technology solution with local language support. It Specializes in analyzing business requirements, Streamlining processes and Developing customized IT Solutions.

Financial Results:

  • Fidel Softech Ltd reported Revenues for Q1FY24 of ₹9.22 Crores up from ₹6.82 Crore year on year, a rise of 35.19%.
  • Total Expenses for Q1FY24 of ₹7.24 Crores up from ₹6.24 Crores year on year, a rise of 16.03%.
  • Consolidated Net Profit of ₹1.56 Crores up 188.89% from ₹0.54 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.13, up 189.74% from ₹0.39 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

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