Kore Digital Limited — Important, 16-11-2024: General Updates

**H1 FY25 Investor Presentation Summary**

**Financial Highlights:**

In H1 FY25, Kore Digital Limited reported total income of ₹91.82 Cr, significantly up from ₹15.02 Cr in H1 FY24. EBITDA for the same period rose to ₹10.88 Cr, reflecting a growth of 145.78% year-on-year. Net profit also saw substantial gains, increasing to ₹7.54 Cr from ₹3.11 Cr in H1 FY24. The company achieved an EBITDA margin of 11.85% and a net profit margin of 8.21%.

**Strategic Initiatives and Growth Drivers:**

Significant progress was made with the commencement of optic fiber duct laying along the Mumbai-Nagpur Express Way, expected to generate annual revenue of ₹130 Cr. The project has a concession period of 15 years, extendable by 10 years, with total projected revenue exceeding ₹1,500 Cr upon completion.

**Business Developments:**

Kore Digital secured an additional work order worth ₹21 Cr from Navayuga Engineering Company Limited, further contributing to its robust order book.

**Market Position and Competitive Advantage:**

With a well-established fiber optic network exceeding 700 km and over 600 cell sites operational in Maharashtra, Kore Digital continues to maintain strong partnerships with major telecom operators, enhancing its competitive position.

**Investor Implications:**

The company’s strategic growth plans, including a project pipeline valued at ₹400 Cr and expected revenue projections reaching ₹1,000 Cr in FY26, highlight significant investment potential. The strong financial trajectory and expanding market opportunities present a positive outlook for shareholders.