Newspaper Publication of Audited Financial Results for the Fourth Quarter and Financial year ended 31.03.2025 of both standalone and consolidated
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Covance Softsol Limited has published audited financial results for Q4 and FY ended 31 March 2025 in Business Standard and Nava Telangana newspapers on 29 May 2025. On a standalone basis, FY25 total income rose to Rs. 2,836.65 lakhs (from Rs. 1,104.59 lakhs in FY24), while profit after tax jumped to Rs. 1,025.29 lakhs (from Rs. 57.50 lakhs), pushing EPS to Rs. 6.94 from Rs. 0.39. Consolidated FY25 numbers were even stronger on absolute terms: total income of Rs. 10,169.61 lakhs (vs Rs. 6,117.12 lakhs) and PAT of Rs. 1,211.78 lakhs (vs Rs. 125.47 lakhs), giving EPS of Rs. 8.21 versus Rs. 0.85. Standalone Q4 FY25 PAT was Rs. 377.99 lakhs, turning around from a loss of Rs. 52.33 lakhs in Q4 FY24. The board approved these results on 28 May 2025. The company was formed via NCLT-approved demerger of the IT/ITES business of Softsol India Limited, effective 26 September 2024 with appointed date 1 April 2023.
First full audited annual results as a standalone listed entity show dramatic revenue and profit growth, likely to be viewed positively by shareholders. The turnaround in quarterly profits and roughly 10x jump in consolidated PAT signals the demerged IT/ITES business is performing well.