Bengaluru, January 28, 2025 – eMudhra Limited (NSE: EMUDHRA, BSE: 543533) has reported a 42.6% year-on-year (YoY) increase in revenue for Q3 FY25, reaching ₹1,388.5 million, driven by strong growth in enterprise digital trust solutions and international markets. The company’s net profit grew by 11.9% YoY to ₹224 million, despite increased investments in global expansion.
Key Financial Highlights – Q3 FY25 (Consolidated)
| Metric | Q3 FY25 | Q3 FY24 | YoY Change |
|---|---|---|---|
| Revenue from Operations | ₹1,388.5 million | ₹973.8 million | +42.6% |
| Total Income | ₹1,408.9 million | ₹995.1 million | +41.6% |
| Operating Expenses | ₹646.2 million | ₹242.8 million | +166% |
| Net Profit (PAT) | ₹224 million | ₹200.1 million | +11.9% |
| EBITDA Margin | 28.9% | 31.1% | -220 bps |
| Earnings Per Share (EPS) | ₹2.58 | ₹2.65 | -2.6% |
- Revenue: ₹3,725.1 million (+36.3% YoY).
- Net Profit: ₹628.9 million (+14% YoY).
Business Segment Performance
- Trust Services: ₹248.9 million revenue (up 9% QoQ).
- Enterprise Solutions: ₹1,139.5 million revenue (up 45% YoY).
- Global Expansion:
- International revenue contributes 66.4% of total revenue.
- New partnerships in Europe and APAC regions to drive future growth.
Key Corporate Developments
1. Acquisitions to Strengthen Cybersecurity Capabilities
- Acquired 100% stake in Two95 International Inc. (New Jersey, USA) for $10.1 million.
- Merged Sendrcrypt Technologies Inc. into eMudhra Inc. for $3 million, strengthening email encryption offerings.
2. ₹200 Crore QIP Fundraising for Expansion
- 47,39,336 equity shares issued at ₹422 per share under QIP.
- Funds allocated to:
- Product development (₹407.8 million).
- Working capital for U.S. operations (₹270 million).
- Inorganic growth initiatives (₹850 million).
Management Commentary
V. Srinivasan, Chairman & Managing Director, eMudhra, stated:"Our strong revenue growth and strategic acquisitions underscore our commitment to becoming a global leader in digital trust solutions. Investments in cybersecurity and enterprise automation will drive long-term value creation."