ESDS Software Solution slumps after Q1 numbers
Mumbai, Sept. 25 -- On a consolidated basis, adjusted net profit increased 13.97% YoY but declined 56.57% QoQ to Rs 29.28 crore in Q1 FY27. Net sales increased 7.28% YoY but declined 20.20% QoQ to Rs 133.66 crore.
Profit before tax increased 5.16% YoY but declined 57.26% QoQ to Rs 36.47 crore in Q1 FY27.
Total expenditure increased 9.92% YoY and 17.24% QoQ to Rs 96.14 crore. Employee expenses increased 6.16% YoY but declined 13.39% QoQ to Rs 25.16 crore. Interest expense declined 28.21% YoY and 5.51% QoQ to Rs 2.57 crore. Depreciation increased 20.47% YoY and 8.20% QoQ to Rs 18.48 crore.
ESDS, incorporated in 2005 in Nashik and promoted by Piyush Somani, provides IT infrastructure services including cloud computing infrastructure, co-l...
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