Datamatics Global Services reported a mixed set of consolidated financials for Q2 FY25. While net sales rose by 7.95% YoY to ₹406.75 crore, the company saw declines in profitability and margins.
Quarterly net profit dropped 14.01% to ₹42.36 crore from ₹49.26 crore YoY. Similarly, EBITDA declined by 8.51% to ₹62.53 crore, with EBITDA margins narrowing to 12% from 15.6% in the previous year. The company’s earnings per share (EPS) also fell to ₹7.18 from ₹8.36 in Q2 FY24.
The stock closed at ₹577.30 on November 4, 2024, reflecting a -2.20% return over the past six months and a modest 0.34% gain over the past 12 months.
As of 10:00 am today, shares are trading down by 1.98% on the NSE.
