Mumbai, January 31, 2025 –
Dynacons Systems & Solutions Ltd. (BSE: 532365, NSE: DSSL) has announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported robust revenue growth and profitability in both standalone and consolidated statements.
Key Financial Highlights
Standalone Financial Performance (₹ in Lakhs)
| Particulars | Q3 FY25 (Dec 31, 2024) | Q2 FY25 (Sep 30, 2024) | Q3 FY24 (Dec 31, 2023) | 9M FY25 (Dec 31, 2024) | 9M FY24 (Dec 31, 2023) | FY24 (Mar 31, 2024) |
|---|
| Revenue from Operations | 30,892.23 | 30,633.12 | 22,673.84 | 93,621.98 | 74,218.25 | 1,02,443.48 |
| Total Income | 31,020.04 | 30,861.88 | 22,777.84 | 94,124.37 | 74,469.15 | 1,02,881.84 |
| Profit Before Tax | 2,450.75 | 2,410.18 | 1,769.38 | 7,226.52 | 5,343.27 | 7,220.81 |
| Net Profit | 1,831.18 | 1,825.55 | 1,306.19 | 5,424.25 | 3,967.27 | 5,396.03 |
| Basic EPS (₹) | 14.40 | 14.36 | 10.29 | 42.67 | 31.26 | 42.51 |
The company reported a
year-over-year (YoY) increase of 36.2% in net profit, driven by strong revenue growth and operational efficiency.
Consolidated Financial Performance (₹ in Lakhs)
| Particulars | Q3 FY25 (Dec 31, 2024) | Q2 FY25 (Sep 30, 2024) | Q3 FY24 (Dec 31, 2023) | 9M FY25 (Dec 31, 2024) | 9M FY24 (Dec 31, 2023) | FY24 (Mar 31, 2024) |
|---|
| Revenue from Operations | 31,101.75 | 30,633.12 | 22,685.70 | 93,831.50 | 74,230.21 | 1,02,446.38 |
| Total Income | 31,229.56 | 30,861.88 | 22,789.71 | 94,333.89 | 74,481.11 | 1,02,884.74 |
| Profit Before Tax | 2,469.96 | 2,407.76 | 1,778.59 | 7,236.29 | 5,349.30 | 7,206.72 |
| Net Profit | 1,845.14 | 1,823.14 | 1,315.27 | 5,428.78 | 3,973.16 | 5,381.94 |
| Basic EPS (₹) | 14.51 | 14.34 | 10.36 | 42.63 | 31.30 | 42.41 |
The
consolidated revenue grew by 37.1% YoY, reflecting the strength of Dynacons’ diversified business operations.
Segment-Wise Performance
Dynacons operates under two key business segments:
- System Integration: Revenue of ₹30,791.00 lakh in Q3 FY25, contributing significantly to overall earnings.
- Technology Workforce Augmentation Services: Reported revenue of ₹310.75 lakh, marking steady growth.
The
System Integration segment remains the primary revenue driver, accounting for
98.99% of the total revenue.
Management Commentary
Commenting on the financial results,
Dharmesh S. Anjaria, Whole-time Director & CFO, stated:
"Our strong financial performance demonstrates our commitment to growth and operational excellence. We continue to witness increasing demand for our technology solutions, driving revenue expansion and improved profitability."
Strategic Outlook
- Focus on Technology Workforce Augmentation: Dynacons aims to expand its IT workforce solutions as a key growth driver.
- Operational Efficiency: The company continues to streamline expenses, ensuring profitability remains robust.
- Market Expansion: Plans to explore new domestic and international markets for further revenue diversification.
Auditor’s Review
The financial results have undergone a
Limited Review by independent auditors, MSP & Co., who confirmed that there were
no material misstatements or irregularities in the financial statements.
Conclusion
Dynacons Systems & Solutions Ltd. delivered
strong revenue growth and profitability in Q3 FY25, reinforcing its position as a
leading IT solutions provider. With a solid business strategy, the company remains well-positioned to achieve continued growth in the coming quarters.