Fidel Softech Limited — Board Meeting, 07-11-2024: Outcome of Board Meeting

Fidel Softech Limited reported strong financial performance, with a 10.86% revenue growth over Q1 and 44.7% over Q2 year-on-year. For Q2 FY24-25, revenue reached ₹13.82 crore, with a profit of ₹2.37 crore, and EPS improving to ₹1.73. Key developments include international project support and partnerships, hiring initiatives, and a new U.S. subsidiary. The outlook remains positive, targeting consistent growth and expansion into new markets. A “Nil Report” was approved for fund utilization.