Expleo Solutions Limited — Updates, 06-02-2025: Press Release

For the nine months ended December 31, 2024, Expleo Solutions Ltd. reported total revenue of ₹7,807 million, reflecting an increase of 8.3% year-on-year. The EBITDA margin improved to 16.3%, with adjusted EBITDA of ₹1,257 million. However, in Q3FY25, operating revenue slightly declined by 0.6% quarter-on-quarter to ₹2,576 million, while profit after tax fell to ₹193 million from ₹357 million in Q2FY25. The company maintains a strong net cash position of ₹3,501 million, up from ₹2,762 million in Q2FY25.

The outlook remains cautious in core European markets, but there is positive traction in the Middle East and North America, particularly in embedded systems, AI, and Big Data projects. The company is focusing on cost management and productivity while investing in AI and workforce upskilling, indicating ambitions for long-term growth despite economic uncertainties. A notable interim dividend of ₹50 per share has been declared, the highest in recent years, underscoring the company's healthy cash flow amidst a challenging environment.