Small cap IT Software sector company, Ksolves India Ltd today reported a jump of 15.46% year-on-year (YoY) in its consolidated net profit for the quarter ended December 2024 to Rs 10.32 crore. The company declared its net profit at 8.94 crore in the corresponding quarter of last year. Board of Directors of the company fixed February 6, 2025 as the record date for stock split/sub-division of shares. The company had approved stock split in the proportion of 1:2 on December 20, 2024.
Last trading price of Ksolves India Ltd share price on Bombay Stock Exchange stood at Rs 967.05 per share. The company’s market capitalisation is Rs 1146.53 crore. Its free float market cap is Rs 412.75 crore. The Return on Equity (ROE) of Ksolves India is 112.56. Check details below:
Ksolves India Q3 Results
The company announced its consolidated revenue from operations at Rs 37.70 crore for the quarter ended December 31, 2024, up 32.65% as compared Rs 28.42 crore reported in December 2023. Ksolves India announced consolidated total expenses for the December 2024 quarter at Rs 24.18 crore from Rs 16.66 crore declared in December 2023. The company’s EPS for December 2024 quarter zoomed to Rs 8.70 from Rs 7.54.
Ksolves India Sets Record Date For Stock Split/Sub-Division
According to the BSE filing of Ksolves India dated January 19, 2025, “Board of Directors of the Company at its meeting held today i.e., Sunday, January 19, 2025, inter-alia Fixed, Thursday, February 06, 2025 as ‘Record Date’ for determining the entitlement of Equity Shareholders for the purpose of Sub-Division/Split of existing Equity Shares of the Company, such that existing 1 (One) Equity Share having a face value of INR 10 (Ten) each into 2 (Two) Equity Shares of INR 5 (Five) each, fully paid up, ranking pari passu in all respects, if approved by the shareholders through ongoing evoting.”
Ksolves India Shares Performance
The 52-week high of Ksolves India share price on BSE is Rs 1467.65 per share (as on 19/01/2024) and 52-week low price is Rs 904.00 per share (as on 13/01/2025), respectively. Ksolves India shares gained 1.30% in last 1-week, slipped 18.95% in last 6-months, and fell 26.95% in last 1-year. In last 2-years, Ksolves share price zoomed 120.56%.
Ksolves India Shareholding Pattern
According to Trendlyne, “FII/FPI reduced holdings from 1.55% to 0.87% in September 2024 quarter. Number of FII/FPI investors decreased from 21 to 18 in September 2024 quarter. Institutional Investors reduced holdings from 1.63% to 0.95% in September 2024 quarter.
Ksolves India About
Ksolves India Limited is a leading Software Development Company dedicated to working on cutting-edge technologies like Big Data, Machine Learning, Salesforce®, Odoo, etc. With a team of 450+ developers and architects, we are consistently delivering innovative and customised software solutions that drive growth, efficiency, and success for our clients businesses. With our outstanding IT services and solutions, we have earned the unwavering trust of clients spanning the globe, according to its official website.
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The stock details about stock split and financial results. Neither the writer nor Moneydaily.in will be held accountable for any losses caused as a result of decisions based on the article. Moneydaily.in recommends its users to check with certified experts before making any investment-related decision.
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