R K Swamy Limited — Updates, 13-11-2024: Press Release

Total income for the half-year ended September 30, 2024, was ₹139.6 crore, representing a decline of 2% from ₹142.6 crore in the same period last year. Despite the revenue drop, R K Swamy Limited successfully secured over 15 new clients across various disciplines, highlighting a robust new business drive. The company continues to invest in capacity expansion, planning to introduce a new Customer Experience Centre with a 50% increase in capacity, alongside enhancements to its Computer-Aided-Telephonic-Interviews facility.

Consolidated profit before tax (PBT) for the half-year was ₹5.3 crore, down from ₹10.9 crore year-on-year. For Q2, total income fell to ₹68.1 crore compared to ₹80.6 crore in the previous year, with PBT at ₹2.2 crore, down from ₹10.2 crore. The latter half of the year typically sees increased client spending due to the festive season, so investors should watch closely for any market recovery and performance improvements. Overall, the company's focus on talent investment and infrastructure positions it for future growth despite current financial challenges.