IT Consulting & Software company Datamatics Global Services announced Q2FY25 results Financial Highlights: Revenue from Operations: Rs 406.8 crore compared to Rs 376.8 crore during Q2FY24, change 8%. EBITDA: Rs 48.8 crore compared to Rs 58.9 crore during Q2FY24, change -17.2%. EBITDA Margin: 12.0% for Q2FY25. PBT: Rs 52.7 crore compared to Rs 58.5 crore during Q2FY24, change -10%. PBT Margin: 12.5% for Q2FY25. PAT: Rs 42.4 crore compared to Rs 49.3 crore during Q2FY24, change -14%. PAT Margin: 10.1% for Q2FY25. Operational Highlights: Datamatics expanded its client portfolio by adding 12 new customers. Datamatics has strengthened its board with the induction of Dr. Avnish Kshatriya, Kanika Mittal, and Himanshu Verma, bringing a wealth of industry experience. A global logistics leader handling cargo movement in over 180 countries, implements Datamatics FINATO for finance transformation in over 50 countries. One of the big 3 credit rating agencies selected Datamatics for financial reports processing and credit rating analysis by leveraging AI. A new-age European bank selected Datamatics to digitize and automate critical banking processes to improve operational efficiency and customer experience. A banking giant in the Middle East selected Datamatics to modernize the reporting of the core banking processes for actionable intelligence, efficient data management, and enhanced customer experience Rahul Kanodia, Vice Chairman and CEO, Datamatics Global Services, said: "We are pleased to report YoY Q2 revenue growth of 8%. However, profitability faced headwinds due to a decline in volumes from some key customers and our investments in building FINATO as an AI-powered platform for finance transformation.” “Artificial Intelligence is our strategic initiative, and we continue to upscale our AI capabilities. Google has recognized us as the ‘Strategic partner for the back office of the future.' Additionally, we have partnered with Microsoft to offer customized copilot solutions to accelerate AI adoption in enterprises.” Result PDF