ALPHA TRIBE

Odigma Consultancy Solutions LimitedImportant, 10-02-2025: Financial Result Updates

10-02-2025 | 01:47 pm

Revenue from operations has increased by 20.9% quarter-on-quarter to ₹10.17 crore, compared to ₹8.41 crore in the previous quarter. This growth is primarily driven by increasing demand for performance marketing solutions from micro to mid-sized enterprises. The company reported an EBITDA of ₹0.72 crore, which is up by 14% from ₹0.63 crore in Q2 FY25, demonstrating effective cost management and operational efficiency.

Net profit for the period stands at ₹0.14 crore, showing a significant increase from ₹0.07 crore year-over-year. The earnings per share (EPS) have also risen to ₹0.04, a reflection of improved profitability due to demand in the digital marketing sector, prominently from the real estate and healthcare sectors.

Operational costs have only increased by slight margins, maintaining a focus on cost efficiency. This is evident as the company adjusts spending to support its growth strategy while keeping staff expenses in check.

The balance sheet appears healthy, with stable cash flows indicating the company’s ability to meet its operational needs and fund further expansion.

Looking forward, ODigMa is well-positioned to capitalize on the growth trends in digital marketing, particularly in sectors like retail, education, and travel. The expanding digital advertising market in India, projected to grow significantly, is likely to enhance the company's revenue and market presence.

Based on current performance and market trends, a buy insight is suggested, given the company's solid growth trajectory and cost management practices.

No comments yet. Be the first to comment!

All announcements from Odigma Consultancy Solutions Limited