Ksolves India Reports 19.3% YoY Revenue Growth in Q1, Declares ₹1 Interim Dividend
Ksolves India Limited reported a 19.3% year-on-year and 13% quarter-on-quarter revenue growth in Q1, reaching ₹37.67 crores. The company maintained an Operating Profit Margin of 26.4% and a PAT margin of 17.1%. Strategic investments were made in ESOP expenses, leadership hiring, and market presence. The company remains debt-free with growing deal sizes up to $600,000. Ksolves' DFM product secured a second client, and AI/ML contributes 10-11% of total revenue. The company celebrated its fifth anniversary of listing, marking significant growth in market capitalization, revenue, and profit since its IPO.
13Mar 25
Ksolves India to Consider Third Interim Dividend for FY 2024-25 in Upcoming Board Meeting
Ksolves India Limited has scheduled a board meeting for March 19, 2025, to consider the third interim dividend for FY 2024-25. The record date is set for March 25, 2025, if the dividend is declared. A trading window closure is in effect from March 14, 2025, until 48 hours after the board meeting concludes, affecting directors, key personnel, and related parties.
28Feb 25
Ksolves India Limited Expands Globally with New US Subsidiary and Employee Stock Option Grant
Ksolves India Limited plans to establish a wholly-owned subsidiary in the USA, approved by the Board on February 28, 2025. The company also approved granting 148,000 stock options under the Ksolves Employee Stock Option Scheme II 2024, with a 20% discount to market price and a minimum 1-year vesting period. An investor meeting with Envision Capital is scheduled for February 28, 2025.