IT Consulting & Software company Allied Digital Services announced Q1FY25 results: 6% increase in consolidated Revenue for Q1FY25 on YoY basis to Rs 179 crore. 7% increase in consolidated EBIDTA for Q1FY25 on YoY basis to Rs 19 crore. 13% increase in consolidated PBT for Q1FY25 on YoY basis to Rs 14 crore. 21% increase in consolidated PAT for Q1FY25 on YoY basis to Rs 10 crore. Commenting on the performance for Q1FY25 Nitin D. Shah, Chairman & Managing Director, Allied Digital Services (ADSL) said, "We are pleased to have started the financial year on a strong note. Consolidated Revenues for Q1FY25 were higher by 6% on a YoY basis. EBITDA for Q1 has increased by 7% on a YoY basis and Profit after tax is higher by 21% on a YoY basis. Business Visibility remains attractive with continued strong traction in the Indian Market while international business has shown initial signs of improving this quarter. Global customers continue to indicate that IT spends are a priority area for them with a clear focus on transformative programs. While cost optimization remains important, strategic imperatives of implementing best in class technology programs across areas such as cloud, cyber-security, Al, Big Data and Machine Learning are driving decision making across the landscape. This is reflected in the multiple order wins and renewals we have reported this quarter. We recently celebrated our 40th anniversary and believe the foundation of the last four decades has provided us with strong roots as we now aspire for accelerated growth in our fifth decade. The transformation and augmentation program continues to progress well at ADSL and this is reflected in our performance, our financial position, addition of more large and marquee names to our customer base and enrichment of our leadership team. We welcome Mr. Ramanan Ramanathan (Ex- NITI Aayog, TCS & CMC) joining our leadership council as Global Head Strategy - Growth, Innovation & Partnership. We are sure that his rich experience and valuable insights will serve us well as we seek to drive scale and value creation." Result PDF