Network People Services Technologies Limited (NPST) has announced its unaudited financial results for the half-year ended September 30, 2024. The company demonstrated solid year-over-year (YoY) growth in revenue and profit, although quarter-over-quarter (QoQ) growth was more modest.
Key Highlights
- Revenue from Operations:
- H1 FY25: ₹1,256.1 crore, compared to ₹524.3 crore in the same period last year (YoY growth of 139%).
- QoQ: ₹1,256.1 crore, compared to ₹751.1 crore in the last quarter (June 2024), reflecting an increase of 67%.
- Total Income:
- H1 FY25: ₹1,292.15 crore, compared to ₹533.2 crore in H1 FY24 (YoY growth of 142.3%).
- QoQ: ₹1,292.15 crore, up from ₹768.71 crore in Q1 FY25, showing a 68% increase.
- Profit Before Tax:
- H1 FY25: ₹450.7 crore, compared to ₹136.08 crore in H1 FY24 (YoY growth of 231%).
- QoQ: ₹450.7 crore, compared to ₹217.83 crore in the previous quarter, up by 107%.
- Net Profit:
- H1 FY25: ₹337.7 crore, compared to ₹101.59 crore in the same period last year (YoY growth of 232%).
- QoQ: ₹337.7 crore, compared to ₹165.59 crore in the last quarter, up 103.9%.
Operational Performance:
- Project Expenses: ₹467.53 crore, compared to ₹135.26 crore in the same quarter last year, reflecting increased operational activity.
- Employee Benefits Expenses: ₹264.71 crore, up from ₹144.17 crore in the same period last year.
- Depreciation & Amortization: ₹24.16 crore, an increase from ₹3.78 crore YoY, indicating further investment in fixed assets.
Conclusion:
The financial results reflect Network People Services Technologies Limited’s strong YoY growth, driven by higher revenues and improved operational efficiencies. QoQ growth, while significant, suggests the company is maintaining momentum in its business operations. The solid performance, particularly in terms of net profit and revenue growth, highlights NPST’s continued expansion in the industry.
