Digitide Solutions Limited has informed the Exchange regarding Board meeting held on Jun 26, 2025.
DIGITIDE · price
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Digitide Solutions Limited's board approved its first-ever audited annual financial results (standalone and consolidated) for the period from February 10, 2024 to March 31, 2025, along with Q4 FY25 results, audited by Deloitte Haskins & Sells with an unmodified opinion. Consolidated revenue from operations for the period stood at Rs 32,687.27 million, with profit before tax of Rs 1,950.22 million and net profit of Rs 1,377.48 million (basic EPS of Rs 7.78). The company has reclassified its business into two reporting segments: Business Process Management (BPM) contributing Rs 23,930.03 million in revenue, and Tech and Digital Services contributing Rs 8,757.24 million. Q4 FY25 standalone showed a loss of Rs 13.88 million on consolidated basis, impacted by exceptional items of Rs 294.98 million, primarily relating to demerger expenses and write-offs. The results stem from the Composite Scheme of Arrangement with Quess Corp Limited, approved by NCLT on March 17, 2025 with an appointed date of April 1, 2024. The company recently got listed on BSE and NSE on June 11, 2025.
This is Digitide's debut financial filing post its June 11, 2025 listing on the stock exchanges, giving investors their first detailed look at the demerged entity's operations. The Rs 1,377 million consolidated profit and Rs 7.78 EPS suggest a healthy starting financial position, though Q4 showed pressure from Rs 295 million in one-time exceptional charges including demerger costs and project write-offs. Shareholders should note that direct year-on-year comparisons are not possible as this is the company's first reported financial year following the Quess Corp demerger.