Kore Digital Limited Reports Stellar Financial Growth in Q1 FY25

Kore Digital Limited, a leader in telecom infrastructure, announces remarkable Q1 FY25 results. The firm reports a YoY income surge of 1031.50% and PAT growth of 685.12%. Significant projects and a strong pipeline underscore its robust growth trajectory.

Mumbai, Maharashtra [India] - Kore Digital Limited (NSE Code - KDL), a prominent telecommunication infrastructure development company, has released its Unaudited Financial Results for the first quarter of the fiscal year 2025.

Key Financial Highlights: The company reported a total income of Rs 50.77 crore, signifying an extraordinary year-on-year growth of 1031.50%. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at Rs 7.46 crore, growing by 635.10% YoY. The Profit After Tax (PAT) reached Rs 5.30 crore, marking a 685.12% surge, while the diluted Earnings Per Share (EPS) increased by 550.74% to Rs 13.21.

Commenting on the performance, Managing Director Ravindra Navinchandra Doshi expressed enthusiasm about the company’s robust start to the fiscal year, emphasizing the remarkable financial growth and operational achievements. Significant projects include a new work order from Navayuga Engineering Company Limited and the commencement of the Optic Fiber duct laying on the Mumbai Nagpur Expressway. Kore Digital aims to continue its growth trajectory with a project pipeline valued at Rs 400 crore for 2024-2025, focusing on transformative projects like the Samruddhi and Mumbai Metro lines.