| Company | Value | Change | %Change |
|---|
#3QWithCNBCTV18 | #Datamatics reports #Q3 earnings
Net Profit Up 80.5% At ₹74 Cr Vs ₹41 Cr (YoY)Revenue Up 15.3% At ₹425.5 Cr Vs ₹369 Cr (YoY)
EBITDA Up 3.8% At ₹54.5 Cr Vs ₹52.5 Cr (YoY)
Margin At 12.8% Vs 14.2% (YoY) pic.twitter.com/3bhf5qpKXV
— CNBC-TV18 (@CNBCTV18Live) January 29, 2025
Datamatics, a digital technology company that provides intelligent solutions for data-driven businesses, reported a 15.3% growth in revenue for the quarter to ₹425.5 crore. In the corresponding period last year, the company had reported a revenue of ₹369 crore.
Margins declined during the three reported months to 12.8% versus 14.2% in Q3 FY24. EBITDA showed a modest increase of 3.8%, amounting to ₹54.5 crore, up from ₹52.5 crore in the previous year.
“We maintained an EBIT margin of 10.5%, driven by our focus on cost
optimization and disciplined execution. While demand for our offerings remains steady, we are vigilant about macroeconomic uncertainties ahead.”
The lower margins sent shares down over 5% to ₹583.00 in intraday trading.
In terms of overall growth, Datamatics has seen a consistent performance with a 7.8% revenue CAGR and a 13% PAT CAGR over the past decade. For Q3FY25, the company’s revenue stood at ₹425 crore.
As of Q3FY25, Datamatics reported a strong cash position, with net cash and investments totaling ₹326 crore.
The company successfully added 12 new customers to its portfolio during the quarter. In a strategic move, Lumina Datamatics acquired a controlling stake in TNQTech, further solidifying its market position.
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