Commercial Services company eMudhra announced Q3FY25 results Revenue for the quarter was Rs 1408.9 million, an increase of 41.6% YoY. Operating expense for the quarter was Rs 694.5 million. Gross profit for the quarter was Rs 714.3 million, representing a gross margin of 50.7%. EBITDA for the quarter was Rs 319.4 million, with an EBITDA margin of 22.7%. Net income for the quarter was Rs 224.0 million, with a net margin of 15.9%. Earnings per share for the quarter was Rs 2.58. V. Srinivasan, Executive Chairman, eMudhra, said: “We are pleased to report third quarter results for FY25 with a revenue growth of 41.6% YoY, EBITDA growth of 19.4% YoY and PAT growth of 11.9% YoY. During the quarter, deal closures and healthy growth in the Americas, MEA region and Asia Pacific resulted in strong performance in overseas markets. Global opportunities continue to be characterized by need for usage of identity backed digital signatures and increased usage of automation in public key infrastructure as part of user and device security. In India, the last quarter was particularly healthy in terms of deal wins for our Identity and Access management solution. We continue to see favourable tailwinds in terms of global standards and regulatory mandates pushing for adoption of public key infrastructure in areas such as user authentication, secure payments and device identity management in electric vehicles. Our R&D; efforts in Post Quantum Cryptography and Mobile PKI continue to give an impetus as US security standards body NIST has recommended timelines for deprecation of current algorithms thereby forcing large organizations in regulated sectors to plan for transition. Recent standards in European Union also mandate the usage of Mobile PKI for issuing Digital ID and Digital Signatures. As tools around GenAI continue to evolve at a rapid pace, we continue to invest in reimagining our products in the context of deeply integrating GenAI capabilities. Some of the use cases include assessing deep fakes as part of user identity vetting, document summarizing and risk assessment, security analytics and operations and building agentic AI workflows for a range of internal process automation. On trust services, volume and value remained consistent with previous quarter adjusted for seasonality of tax filings. eSign volumes continue to increase as we win more deals in Capital Markets and Banking. We remain optimistic about the opportunities in global markets and remain committed to investing in R&D; as public key infrastructure becomes a critical element in the convergence of user and device identity” Result PDF