Expleo Solutions Limited — Updates, 14-11-2024: Press Release

**Financial Highlights:** Expleo Solutions Ltd reported total income of Rs 2,719 million in Q2FY25, reflecting a 15.4% increase year-on-year. Operating revenue reached Rs 2,593 million, up 10.7% from Q2FY24, with a solid Adjusted EBITDA margin of 16.3%. Profit after tax surged 78.1% year-on-year to Rs 357 million, leading to a basic EPS of Rs 22.86, a 73.0% growth from the previous year.

**Strategic Initiatives and Growth Drivers:** The company is focusing on areas of high growth such as AI and Big Data, deploying resources to enhance digital transformation initiatives. Expleo is seeing considerable interest in Proof of Concepts for potential clients in these sectors.

**Business Developments:** Expleo is managing costs effectively and responding to rising demand for niche skillsets in Digital and AI. The company continues to recruit in these areas to support growth.

**Market Position and Competitive Advantage:** With a robust net cash position of Rs 2,762 million, Expleo is well-equipped to navigate the cautious outlook in its core markets while capitalizing on emerging opportunities.

**Investor Implications:** The strong growth in revenue and profits signals a positive outlook for shareholders as Expleo leverages its expertise in technology and consulting to drive future growth and operational efficiency. This focus on strategic initiatives positions the company favorably amidst evolving market trends.