IT Cosulting & Software company R Systems International announced Q3FY25 results Revenue Rs 4,490 million (USD 53.2 million); YoY growth of 7.8%; QoQ growth of 1.1% Adj. EBITDA Rs 801 million (USD 9.5 million) i.e. 17.8% as against 15.4% in Q4 2023 and 17.9% in Q3 2024; YoY Growth of 24.6% Net profit after taxes Rs 390 million (USD 4.6 million) 5 key wins during the quarter Nitesh Bansal, Managing Director, and CEO stated, “R Systems reported Rs 1,700 crore plus revenues with 16.7% Adjusted EBITDA for CY 2024. This translates into 200-basis-point expansion in EBITDA, driven by improved revenue mix and operational efficiencies” He added, “Geopolitical uncertainties and inflationary pressures impacted our growth momentum, but we diversified our revenue streams and embraced emerging technologies for long term sustainable growth. Our strong client relationships, partnerships with hyperscalers and strategic positioning continued to fuel our resilience and innovation. During last year, we have invested in deepening our leadership talent by onboarding key leaders to further accelerate our growth strategy and maximize impact in emerging opportunities.” Nand Sardana, CFO said, “We are pleased to report sustained financial performance achieving an alltime high annual Adjusted EBITDA margin of 16.7% for the year. This milestone reflects the disciplined execution of our strategy, operational efficiencies, and our commitment to deliver sustainable value.” He added, “We continued to have a strong balance sheet with Cash balance of Rs 196 crores along with net worth Rs 624 crores. We are committed to make investments in sales engine and building niche capabilities that will position us for profitable growth.” Result PDF
Conference Call with R Systems International Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.