IT Consulting & Software company Datamatics Global Services announced Q3FY24 & 9MFY24 results: Q3FY24 Financial Performance Revenue from Operations: Rs 369.3 crore, a decrease of 0.9% YoY from Rs 372.6 crore. EBITDA: Rs 52.6 crore, a decrease of 10.7% YoY from Rs 59.0 crore, with the margin at 14.3%. EBIT: Rs 43.7 crore, down by 14.8% YoY, with the margin standing at 11.8%. Profit After Tax (PAT): Rs 41.3 crore, down by 10.0% YoY with the margin at 10.9%. Earnings Per Share (Diluted): Rs 7.01, a decrease of 10.0% from Rs 7.78 in Q3FY23. 9MFY24 Financial Performance Revenue from Operations: Rs 1,137.2 crore, up by 9.0% from Rs 1,042.9 crore in 9MFY23. EBITDA: Rs 179.3 crore, representing a 13.2% increase from the previous year. EBIT: Rs 151.9 crore, an increase of 14.8% YoY. Profit After Tax (PAT): Rs 145.6 crore, with a margin of 12.7%. Earnings Per Share (Diluted): Rs 24.71, up from Rs 21.92 in 9MFY23. Balance Sheet Highlights Total Cash & Investments: Rs 594.7 crore (net of debt). Days Sales Outstanding (DSO): 60 days. Operational Highlights Datamatics TruBot RPA services are empaneled by the UK's NHS Shared Business Services. New client acquisitions across the financial services, market research, digital solutions, healthcare, and engineering sectors. Introduction of TruCap+ Marketplace to enhance Intelligent Document Processing efficiencies. A strategic partnership is established with OutSystems for high-performance, low-code application development. Recognition and Rankings Listed in Forbes Asia 200 Best Under A Billion Companies. Recognized by IDC, Forrester, and Everest Group in various categories of technology and services. Hailed as a 'Technology Leader' by Quadrant in SPARK Matrix™ for RPA and Intelligent Document Processing. Commenting on Q3FY24 results, Rahul Kanodia, Vice Chairman and CEO, said, "During the traditionally soft quarter for Datamatics, our Q3 revenues decreased by 0.9% compared to the same period last year. This was mainly due to the slow decision-making of large deals in Western markets. Nevertheless, we continue to add new customers at a steady rate.” He further added, "We are happy to be in Forbes Asia 200 Best Under A Billion Companies prestigious list. The list comprises the top 1% of 20,000 listed companies in Asia. It is a recognition of our outstanding corporate performance over the years. I take this opportunity to thank all our stakeholders, including employees, customers, and shareholders, for being an integral part of the journey." Result PDF