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Awaiting price reaction for this filing.
Covance Softsol Limited has submitted copies of newspaper advertisements to BSE regarding the publication of its unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The results were approved by the Board of Directors on August 14, 2025, and were published in Business Standard (English) and Nava Telangana (Telugu) on August 15, 2025, as required under Regulation 47 of SEBI LODR Regulations, 2015. The standalone Q1 results show a significant jump — total income rose to ₹1,740.13 lakhs (vs. ₹254.08 lakhs in Q1 FY25) and net profit after tax surged to ₹828.27 lakhs (vs. ₹16.62 lakhs in Q1 FY25), translating to an EPS of ₹5.61. Consolidated results show total income of ₹3,327.77 lakhs and net profit of ₹777.82 lakhs (EPS ₹5.27). The results include the performance of its wholly-owned US subsidiary, Softsol Resources Inc.
This is a procedural newspaper publication filing, but the underlying Q1 results show very strong year-on-year growth in both revenue and profitability, likely positive for shareholder sentiment. Investors may view the sharp jump in earnings as a sign of improved business momentum following the September 2024 demerger of the IT/ITES business from Softsol India Limited.