Ahmedabad, January 31, 2025 – Silver Touch Technologies Limited (SILVERTUC) has announced its unaudited financial results for the third quarter (Q3) and nine months ended December 31, 2024, following a Board of Directors meeting held today.
Key Financial Highlights (Standalone)
(Figures in ₹ Lakhs, except EPS)| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 6,834.83 | 6,877.86 | 4,785.55 | 18,929.53 | 13,347.48 | 20,676.58 |
| Total Income | 6,903.26 | 7,018.88 | 4,850.38 | 19,159.95 | 13,531.02 | 20,925.03 |
| Total Expenses | 6,234.09 | 6,351.85 | 4,386.91 | 17,391.80 | 12,405.63 | 18,795.89 |
| Profit Before Tax (PBT) | 669.17 | 667.03 | 463.47 | 1,768.15 | 1,125.39 | 2,129.14 |
| Net Profit (PAT) | 526.51 | 474.47 | 360.32 | 1,314.04 | 882.22 | 1,582.73 |
| Earnings Per Share (EPS) (₹) | 4.15 | 3.74 | 2.84 | 10.36 | 6.96 | 12.48 |
- Revenue growth: 42.8% YoY increase in Q3 FY25 revenue compared to Q3 FY24.
- Profitability: PAT grew 46.2% YoY, reflecting improved operational efficiency.
- EPS Improvement: EPS increased from ₹2.84 in Q3 FY24 to ₹4.15 in Q3 FY25.
Segment-Wise Performance
| Segment | Revenue (₹ Lakhs) | Profit (₹ Lakhs) |
|---|---|---|
| Within India | 6,499.84 | 651.98 |
| Outside India | 334.99 | 91.39 |
| Total | 6,834.83 | 743.37 |
- Domestic operations contributed 95.1% of revenue.
- Export revenue saw a decline, attributed to market fluctuations.
Key Developments and Appointments
- New Company Secretary & Compliance Officer:
- Ms. Kashish Purohit (Membership No. 72990) appointed as Company Secretary and Compliance Officer (KMP).
- Effective from January 31, 2025.
- Brings experience in corporate governance and legal compliance.
- Appointment of Secretarial Auditor:
- M/s Sandip Sheth & Associates appointed as Secretarial Auditor for FY 2024-25.
- Brings expertise in corporate law, finance, and compliance auditing.
Management Commentary
Vipul Thakkar, Chairman & Managing Director, Silver Touch Technologies Limited, stated:"We are pleased with our strong Q3 performance, driven by steady domestic demand and efficient cost management. Our strategic initiatives in digital transformation services continue to fuel growth. The appointment of key personnel strengthens our governance framework, ensuring regulatory compliance and operational excellence."
Strategic Outlook
- Growth Focus: Continued investment in IT solutions and cloud services to expand global footprint.
- Operational Efficiency: Cost optimization initiatives expected to improve margins.
- Regulatory Compliance: Strengthened internal controls with new appointments.