Ksolves India Limited , a prominent player in the Information Technology services sector, has announced a significant dividend payout for its shareholders. The company's Board of Directors has declared a second interim dividend of Rs. 5 per share for the financial year 2025-26, as per a recent regulatory filing.

Dividend Details

The key details of the dividend declaration are as follows:

Shareholders whose names appear on the company's register of members as of the record date will be eligible for this dividend. The company has stated that the dividend will be distributed within the statutory time limit.

Financial Performance

The dividend declaration comes on the heels of Ksolves India's strong financial performance in the second quarter of FY 2025-26. Some key highlights include:

The company reported its highest ever quarterly revenue, demonstrating robust growth despite challenging market conditions.

Management Commentary

Mr. Ratan Kumar Srivastava, Chairman and Managing Director of Ksolves India Limited, expressed satisfaction with the company's performance, stating, "Ksolves has delivered a strong financial performance in Q2 FY26, reflecting our continued growth and strategic momentum. Major business wins during the quarter have built a robust trajectory for the future, reinforcing our market leadership."

Recent Achievements

Ksolves India has also been recognized as the Best Odoo (ERP) Partner India 2025, highlighting its excellence in innovation, client success, and impact in the IT services sector.

Conclusion

The declaration of a second interim dividend, coupled with strong financial results, underscores Ksolves India Limited's commitment to delivering value to its shareholders while maintaining a robust growth trajectory in the competitive IT services landscape.

Investors and stakeholders will be keenly watching the company's performance in the coming quarters, as Ksolves India continues to strengthen its position in the market through strategic wins and innovative solutions.

Ksolves India Limited has released its financial results for the second quarter, showcasing a mixed performance with revenue growth accompanied by a decline in profitability.

Revenue Growth

The company reported a notable increase in revenue for Q2. Ksolves India's revenue from operations grew to ₹394.93 crore, up from ₹347.72 crore in the corresponding quarter of the previous year, marking a 13.58% year-over-year growth.

Profitability Metrics

Despite the revenue growth, Ksolves India experienced a decline in its profitability metrics:

The company's net profit decreased by 8.59% year-over-year, while EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a 9.09% decline. The EBITDA margin compressed significantly by 760 basis points, dropping from 38.06% to 30.46%.

Financial Position

As of September 30, Ksolves India's balance sheet reflects a strong financial position:

• Total Assets: ₹5,620.72 crore
• Total Equity: ₹3,400.50 crore
• Cash and Cash Equivalents: ₹1,725.14 crore

Dividend Announcement

In a move that may interest shareholders, the Board of Directors has declared a second interim dividend of ₹5 per share. The record date for this dividend is set for October 23.

Operational Update

The company also announced the closure of Ksolves LLC, USA, a wholly-owned subsidiary. This decision aims to reduce costs and streamline operations, as Ksolves IT USA Inc. is deemed sufficient to serve the company's purposes in the United States market.

Management Commentary

While specific management comments were not provided in the financial release, the mixed results suggest that Ksolves India is navigating a challenging business environment. The company's ability to grow revenue amidst pressures on profitability indicates resilience in its core business, but also points to potential cost pressures or competitive challenges affecting margins.

Investors and analysts will likely be watching closely to see how Ksolves India addresses the profitability challenges while maintaining its revenue growth trajectory in the coming quarters.

Note: All figures are in Indian Rupees (₹) and 1 crore = 10 million.