During Friday’s trading session, shares of an enterprise software solutions company engaged in the business of IT Services & Consulting hit a 20 per cent upper circuit on BSE, after the company announced decent Q4 FY25 financial results.
With a market capitalisation of Rs. 390.4 crores, the shares of Sigma Solve Limited opened in the green and hit a 20 percent upper circuit at Rs. 379.85 on BSE, as against its previous closing price of Rs. 316.55. The stock has delivered negative returns of about 5 percent in one year, but has gained by over 13 percent in the last one month.
What’s the News:
According to the latest regulatory filings on the BSE, Sigma Solve Limited announced the financial results for Q4 FY25 on Friday during market hours. For Q4 FY25, Sigma Solve reported a revenue from operations of Rs. 23.5 crores, reflecting a significant growth of around 45 percent QoQ from Rs. 16.2 crores in Q3 FY25, and a year-on-year rise of about 20 percent from Rs. 19.6 crores in Q4 FY24.
Net profit stood at Rs. 6.8 crores in Q4 FY25, marking a nearly 28 percent QoQ growth from Rs. 5.3 crores reported in the previous quarter, and an annual increase of around 62 percent from Rs. 4.2 crores in Q4 FY24.
Earnings per share (EPS) came in at Rs. 6.64 during Q4 FY25, registering a rise of 28 percent QoQ from Rs. 5.18 in Q3 FY24, and a year-on-year growth of 62 percent YoY compared to Rs. 4.11 in Q4 FY24.
About the company:
Sigma Solve Limited is an enterprise software solutions company engaged in the business of providing IT and consulting services, including mobile app development, digital marketing, e-commerce development, AI/ML services and blockchain development.
In Q3 FY25, the company’s IT software services accounted for more than 95 percent of the company’s total revenue, while Products sales contributed less than 5 percent. Sigma Solve reported an order pipeline of $275,000.
Written by Shivani Singh
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