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    Home - Business - Kore Digital Reports Strong growth: 511 Percent In H1 FY25 Total Income
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    Kore Digital Reports Strong growth: 511 Percent In H1 FY25 Total Income

    Abizar AttariBy Abizar AttariNovember 18, 2024No Comments2 Mins Read
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    Kore Digital Reports Strong growth 511% In H1 FY25 Total Income
    Kore Digital Reports Strong growth 511% In H1 FY25 Total Income
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    Mumbai (Maharashtra) [India] November 18: Kore Digital Limited, (NSE Code – KDL) one of the leading telecommunication infrastructure developments and related allied services provider, has announced its Unaudited Financial Result for H1 FY25.

    Key Financial Highlights H1 FY25

    • Total Income of ₹ 91.82 Cr, YoY growth of 511.35%
    • EBITDA of ₹ 10.88 Cr, YoY growth of 145.78%
    • Net Profit of ₹ 7.54 Cr, YoY growth of 142.44%
    • EPS of ₹ 18.81, YoY growth of 89.05%

    Commenting on the Financial performance Mr. Ravindra Doshi, Managing Director of Kore Digital Limited said, “We are pleased to present our strong performance in the first half of FY25, highlighted by an exceptional 511.35% increase in total income, a testament to the surging demand for our telecommunication infrastructure services. Our net profit also saw a significant increase of 142.44% year-over-year. While our quarterly performance was impacted by the seasonal monsoon, we remain optimistic and expect a strong rebound in the upcoming quarters.

    Looking forward, our growth trajectory is solid, supported by a ₹400 Cr project pipeline for FY25. With transformative projects like the Samruddhi and Mumbai Metro lines on the horizon, we are well-positioned to expand our footprint and unlock new avenues for sustained growth.”

    If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

    Kore Digital Ravindra Doshi
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    Abizar Attari
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    I’ve always had a fascination with storytelling. Analyzing diverse perspectives and helping people understanding them simply is my life’s motto. I live to create stories that you’d love to read. When I’m not writing, you'll find me having a leisurely stroll on the beach or in the park.

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