On July 15, 2024, Kellton Tech Solutions Ltd, a global leader in digital transformation, announced its results for the quarter ended June 30, 2024 (Q1 FY2025). The company recorded growth in its operational and financial performance during the period.
Total revenue for the quarter amounted to ₹ 2,624 million as compared to ₹ 2,483 million during the previous quarter, up by 5.7% QoQ basis. Kellton reported an EBITDA of ₹ 321 million, and the EBITDA margin for the quarter under review was 12.2%. Net profit stood at ₹ 199 million for the quarter.
During the quarter, the company won 13 new projects, some of which are highlighted below:
Commenting on the results, Mr. Niranjan Chintam, Chairman and Whole-time Director, Kellton Tech, said: As we conclude Q1 FY 2024-25, Kellton continues to exemplify exceptional growth and resilience, witnessing a substantial 5.2% year-on-year increase in total revenue, amounting to Rs 2,624 million. Our operating EBITDA margin remained robust at 12.2% for the quarter with a PAT margin of 7.6%. Our robust financial performance in this quarter underscores our strategic foresight and market adaptability.
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Published on: Jul 16, 2024, 4:41 PM IST
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