Ksolves India Ltd Q1 FY24; 43% Rise In Profits

Ksolves India Ltd, incorporated in 2014, is engaged in software development, enterprise solutions, consulting & providing IT solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare etc. Ksolves curate & develop the best possible software solutions. It is servicing clients across several counties with 410+ in-house technology experts. Ksolves is a 360-degree software solution provider, known in the industry for its expertise in Big Data (Apache Kafka, Apache NiFi, Apache Spark, Apache Cassandra), Data Science (Artificial Intelligence & Machine Learning), Salesforce, DevOps, Java & Microservices, OpenShift, Penetration Testing etc.

Financial Results:

• Ksolves India Ltd reported Revenues for Q1 FY24 of ₹23.79 Crores up from ₹16.51 Crore year on year, a rise of 44.09%.
• Total Expenses for Q1 FY24 of ₹13.73 Crores up from ₹9.53 Crores year on year, a rise of 44.07%.
• Consolidated Net Profit of ₹7.59 Crores up 43.48% from ₹5.29 Crores in the same quarter of the previous year.
• The Earnings per Share is ₹6.40, up 43.50% from ₹4.46 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.