IT Consulting & Software company Expleo Solutions announced Q3FY25 results The operating revenue was Rs 2,576 million in Q3FY25 as compared to Rs 2,502 million in Q3FY24, reflecting a growth of 2.9%. Total income was Rs 2,604 million in Q3FY25 as compared to Rs 2,615 million in Q3FY24, reflecting a marginal decline of 0.4%. Adjusted EBITDA stood at Rs 436 million with the margin at 16.9% in Q3FY25 as compared to Rs 385 million with the margin at 15.4% in Q3FY24. Profit after tax stood at Rs 193 million in Q3FY25 as compared to Rs 338 million in Q3FY24. Basic EPS stood at Rs 12.75 as compared to Rs 21.93 for Q3FY24. The Company’s net cash position stood at Rs 3,501 million in Q3FY25 as compared to Rs 2,117 million in Q3FY24. Phani Tangirala, Managing Director & CEO, Expleo Solutions, said: “For 9 Months ended Dec-24, our revenue grew by 8.3% year-on-year and our EBITDA improved by 1%, to 16.3% for the same period. The business outlook in our core markets in Europe continues to remain cautious. However, we are seeing interest and traction in other markets, specifically in Middle East and North America, which will be our focus markets in the coming quarters. We see good traction for our services in the areas such as Embedded systems, AI and Big Data projects. We continue to invest in AI and Business (Digital) transformation initiatives and are excited to embark on this journey to broaden our service capabilities, as we are confident that this will position us for long-term success. By integrating advanced technologies, we aim to optimize our operations, deliver innovative solutions, and redefine the way we engage with our customers. As we expect the economic headwinds might get compounded with geopolitical uncertainties, we remain focused on managing our costs and improving utilization and productivity to keep our margins healthy. The demand for talent continues to remain muted, but we expect this to change and pick up pace in the coming months. We are also investing in upskilling our workforce to ensure employees are equipped with the knowledge and skills needed to excel in an increasingly digital world. We had good collections during the quarter which resulted in a higher cash balance and a lower DSO . I am happy to share that this has helped us to declare a dividend of Rs. 50/- per share, the highest interim dividend declared in the last couple of years. As always, our strategy remains centred on driving growth through targeted initiatives, maintaining operational efficiency, and capitalizing on emerging opportunities to deliver long-term value to our stakeholders”. Result PDF