IZMO Limited — Important, 28-02-2025: Updates

For the quarter ended December 31, 2024, IZMO Limited reported revenue of ₹1,164.91 Cr, up from ₹1,124.27 Cr in the same period last year, reflecting an increase of approximately 3.3%. Total income also saw growth, reaching ₹1,249.44 Cr compared to ₹1,151.33 Cr in Q3 2023. Profit before tax was ₹48.63 Cr, while net profit for the period stood at ₹9.74 Cr, compared to ₹8.59 Cr previously.

On the consolidated front, total revenue for the same quarter was ₹5,866.52 Cr, with a net profit of ₹605.90 Cr. The organization has made significant strides in client acquisition, adding 234 clients in the U.S. market and 43 in Europe and the U.K. However, profitability has been impacted by higher costs associated with ramping up the IZMO Micro 3D semiconductor packaging division. The company is positioned uniquely as the sole provider in India for 3D semiconductor packaging and is attracting marquee clients both domestically and internationally. The focus on strategic growth in this domain presents a positive outlook for investors.