Ksolves India Q2 Results Live : Ksolves India declared their Q2 results on October 18, 2024, showcasing a robust financial performance. The company’s topline revenue surged by 34.01% year-on-year, while profit also rose by an impressive 11.66% during the same period.
In comparison to the previous quarter, Ksolves India reported a revenue growth of 10.3% and a profit increase of 2.66%. This steady growth trajectory indicates strong operational capabilities and market demand for the company’s offerings.
However, the Selling, General and Administrative (SG&A) expenses saw a significant rise, increasing by 7.89% quarter-on-quarter and 31.98% year-on-year. The company will need to keep a close eye on these expenses to ensure profitability remains strong.
Operating income also showed positive movement, up by 7.32% quarter-on-quarter and 13.81% year-on-year, further reflecting the company’s operational efficiency.
Earnings per share (EPS) for Q2 stood at ₹7.75, marking an increase of 11.67% year-on-year. This strong performance in EPS is a positive indicator for investors looking for sustainable growth.
In a move to reward shareholders, Ksolves India declared an interim dividend of ₹8.0. The record date for this dividend is set for October 28, 2024, with the ex-dividend date also on October 28, 2024.
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