The Indian IT sector has seen remarkable growth over the past few decades, becoming a global leader in outsourcing and technology services. The scope for further growth remains strong, particularly in emerging technologies like Big Data, Salesforce, and in-house IT solutions. Big Data offers vast potential, with businesses worldwide increasingly relying on data analytics for decision-making, driving demand for skilled IT professionals and services.
Salesforce, a leading CRM platform, is experiencing rapid adoption across industries, providing opportunities for Indian IT firms to offer specialized solutions and integrations. Additionally, the shift towards in-house IT solutions is pushing companies to invest in custom software development and internal IT infrastructures, creating a fertile ground for innovation and business expansion in India’s IT sector.
Share Price
The shares of Ksolves India Ltd are currently trading at Rs. 1,010 up by 4.42% from its previous close of Rs. 967.25. The stock also touched an intraday high of Rs. 1,072 indicating a 10%+ jump from its last close as of January 20, 2025.
Q3 Results
In Q3 FY25, the company demonstrated robust financial growth with revenue from operations reaching Rs. 37.70 crores, marking a significant year-on-year growth of 32.7% compared to Rs. 28.42 crores in Q3 FY24. The sequential growth was also positive at 8.3% from Q2 FY25. EBITDA showed healthy improvement, rising to Rs. 14.07 crores, up 17.1% year-on-year.
The company’s profitability metrics remained strong, with profit before tax increasing to Rs. 13.60 crores, reflecting a 14.5% year-on-year growth. The profit after tax reached Rs. 10.32 crores, showing a notable improvement of 15.5% compared to the same quarter last year and 12.3% quarter-on-quarter. This consistent growth in both top and bottom lines indicates effective operational efficiency and strong market performance.
Announcement of Share Split.
The Board of Directors of the Company, in its meeting held on Sunday, January 19, 2025, has fixed Thursday, February 6, 2025, as the ‘Record Date’ for determining the entitlement of equity shareholders regarding the proposed share split.
The company plans to subdivide its existing equity shares, where each equity share with a face value of INR 10 will be split into two equity shares of INR 5 each i.e. 1:2. The split is subject to approval by the shareholders through the ongoing e-voting process. Once approved, the new shares will rank pari passu in all respects, fully paid up.
About the Company
Ksolves India Ltd, established in 2014, is a leading provider of software development, enterprise solutions, and IT consulting. Serving clients across various sectors, including Real Estate, E-commerce, Finance, Telecom, and Healthcare, the company specializes in delivering innovative software solutions.
Ksolves excels in Big Data technologies (Apache Kafka, Apache NiFi, Apache Spark, Apache Cassandra), Data Science (AI & Machine Learning), Salesforce, DevOps, Java & Microservices, and Penetration Testing. The company also offers development services for Odoo, Magento, Salesforce apps, and mobile apps (iOS/Android). Ksolves is recognized for its 360-degree software solutions, assisting clients globally with cutting-edge technology expertise to meet diverse business needs.
Written By: Dipangshu Kundu
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