{"id":41008,"date":"2024-08-19T15:10:37","date_gmt":"2024-08-19T09:40:37","guid":{"rendered":"https:\/\/prevalentindia.in\/index.php\/2024\/08\/19\/kore-digital-reports-strong-performance-total-income-grew-over-11x-yoy\/"},"modified":"2024-08-19T15:10:37","modified_gmt":"2024-08-19T09:40:37","slug":"kore-digital-reports-strong-performance-total-income-grew-over-11x-yoy","status":"publish","type":"post","link":"https:\/\/prevalentindia.in\/index.php\/2024\/08\/19\/kore-digital-reports-strong-performance-total-income-grew-over-11x-yoy\/","title":{"rendered":"Kore Digital Reports Strong Performance, Total Income Grew over 11x YoY"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], August 19: Kore Digital Limited, (NSE Code \u2013 KDL) one of the leading telecommunication infrastructure developments and related allied services provider, has announced its Unaudited Financial Result for Q1 FY25.<\/p>\n

Key Financial Highlights:<\/strong><\/p>\n

Q1 FY25\u00a0(YoY Growth)<\/strong><\/p>\n

\u2013 Total Income of\u00a0\u20b9\u00a050.77 Cr, YoY growth of 1031.50%<\/p>\n

\u2013 EBITDA of\u00a0\u20b9\u00a07.46 Cr, YoY growth of 635.10%<\/p>\n

\u2013 PAT of\u00a0\u20b9\u00a05.30 Cr, YoY growth of 685.12%<\/p>\n

\u2013 Diluted EPS of\u00a0\u20b9\u00a013.21, YoY growth of 550.74%<\/p>\n

Q1 FY25\u00a0(QoQ Growth)<\/strong><\/p>\n

\u2013 Total Income of\u00a0\u20b9\u00a050.77 Cr, QoQ growth of 40.58%<\/p>\n

\u2013 EBITDA of\u00a0\u20b9\u00a07.46 Cr, QoQ growth of 2.49%<\/p>\n

\u2013 PAT of\u00a0\u20b9\u00a05.30 Cr, QoQ growth of 18.03%<\/p>\n

\u2013 Diluted EPS of\u00a0\u20b9\u00a013.21<\/p>\n

Commenting on the performance\u00a0Mr. Ravindra Navinchandra Doshi,\u00a0Managing Director\u00a0of Kore Digital Limited said,\u00a0\u201cWe are thrilled to report a robust start to FY25, marked by exceptional financial growth and key operational achievements. Our total income surged by an impressive 1031.50%\u00a0YoY, reflecting the strong demand for our telecommunication infrastructure services. Equally noteworthy is the 685.12% growth in our Profit After Tax, underscoring our effective cost management and operational efficiency.<\/p>\n

This quarter, we secured a significant new work order from\u00a0NavayugaEngineering Company Limited, and we have commenced the crucial Optic Fiber duct laying project on the Mumbai Nagpur Expressway. This project not only reinforces our position as a leader in telecom infrastructure but also plays a vital role in enhancing\u00a0fiber\u00a0connectivity across one of India\u2019s key expressways, laying the groundwork for advanced communication corridors.<\/p>\n

Looking ahead, we are on a strong growth trajectory with a project pipeline worth\u00a0\u20b9\u00a0400 Cr for 2024-2025. Our focus will be on transformative projects like the Samruddhi and Mumbai Metro lines, which are set to further expand our footprint and open up new avenues of growth.<\/p>\n

Our unwavering commitment to delivering top-tier infrastructure solutions continues to drive our success. As we advance, we are confident in our ability to achieve substantial milestones and deliver long-term value to our stakeholders.\u201d<\/p>\n

Operational\u00a0Highlights for Q1\u00a0FY25<\/strong><\/p>\n

\u2013 Received new work order from\u00a0Navayuga\u00a0Engineering Company Limited (NECL).<\/p>\n

\u2013 Commenced work of Optic Fiber duct laying on the Mumbai Nagpur Express Way on 27th June 2024.<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], August 19: Kore Digital Limited, (NSE Code \u2013 KDL) one of the leading telecommunication infrastructure<\/p>\n","protected":false},"author":1,"featured_media":41009,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[575],"class_list":["post-41008","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts\/41008","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/comments?post=41008"}],"version-history":[{"count":0,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/posts\/41008\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/media\/41009"}],"wp:attachment":[{"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/media?parent=41008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/categories?post=41008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prevalentindia.in\/index.php\/wp-json\/wp\/v2\/tags?post=41008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}