CE Info Systems has announced its financial results for the second quarter of FY25, reflecting a year-on-year growth in revenue but a decline in profits.
- Revenue from Operations: ₹103.67 crore, up from ₹91.08 crore in Q2 FY24, marking a year-on-year increase of approximately 13.8%.
- Total Income: ₹113.59 crore, compared to ₹99.3 crore in the same quarter last year.
- Total Expenses: ₹72.53 crore, a rise from ₹54.58 crore in Q2 FY24, primarily driven by higher employee benefits and outsourcing expenses.
- Profit Before Tax (PBT): ₹40.7 crore, compared to ₹44.2 crore in the same period last year, indicating a slight decline in pre-tax profits.
- Net Profit (PAT): ₹30.35 crore, down from ₹33.09 crore in Q2 FY24, reflecting a year-on-year decline of approximately 8.3%.
Analysis: The company’s revenue growth reflects its strong market position and operational strategies. However, the increase in expenses has impacted profitability, with PAT declining compared to the previous year. This dip in profits indicates a challenge in managing rising costs while maintaining profitability.
