IT Consulting & Software company Expleo Solutions announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: The operating revenue was Rs 2,593 million in Q2FY25 as compared to Rs 2,341 million in Q2FY24, reflecting a growth of 10.7%. Total income was Rs 2,719 million in Q2FY25 as compared to Rs 2,357 million in Q2FY24, reflecting a growth of 15.4%. Adjusted EBITDA stood at Rs 423 million with the margin at 16.3% in Q2FY25 as compared to Rs 354 million with the margin at 15.1% in Q2FY24. Profit after tax stood at Rs 357 million in Q2FY25 as compared to Rs 200 million in Q2FY24, reflecting a growth of 78.1%. Basic EPS stood at Rs 22.86 as compared to Rs 13.22 for Q2FY24, reflecting a growth of 73.0%. The Company’s net cash position stood at Rs 2,762 million in Q2FY25 as compared to Rs 1,294 million in Q2FY24. H1FY25 Financial Highlights: The operating revenue was Rs 5,114 million as compared to Rs 4,592 million in H1FY24, reflecting a growth of 11.4%. Total income was Rs 5,254 million as compared to Rs 4,625 million in H1FY24, reflecting a growth of 13.6%. Adjusted EBITDA stood at Rs 820 million with the margin at 16.0% in H1FY25 as compared to Rs 700 million with the margin at 15.2% in H1FY24. Profit after tax stood at Rs 594 million as compared to Rs 401 million in H1FY24. Basic EPS stood at Rs 38.26 as compared to Rs 26.23 in H1FY24, reflecting a growth of 45.9%. The Company’s net cash position stood at Rs 2,762 million in H1FY25 as compared to Rs 1,294 million in H1FY24. Phani Tangirala, Managing Director & CEO, Expleo Solutions, said: “In Q2FY25, our revenue grew by 15.4% on year-on-year basis, and 6.9% on a sequential basis. Our profit after tax grew by 78.1% on year-on-year basis and 50.5% on sequential basis. The business outlook in our core markets continues to remain cautious. However, we are seeing significant interest and traction in the emerging areas such as Embedded systems, AI and Big Data projects. Our AI and Business (Digital) transformation initiatives and Data & GRC services enhancements are progressing well, with a dedicated team of experts who are pursuing R&D; efforts in building AI, ML, and specifically on Generative AI through our labs. We realized significant interest to these initiatives and have several requests for Proof of Concepts that are currently underway with key clients and prospects. We continue to remain focused on managing our costs and improving utilization. While the demand for talent remains muted, we are seeing a growing need for the niche skills in Digital, AI and Data, and we continue to add people in these areas. Our focus remains on driving growth through strategic initiatives, while maintaining the operational efficiency, and capitalize the emerging opportunities to deliver sustained value to our stakeholders.” Result PDF