E2E Networks (E2E) Q1 24/25 earnings summary

Executive summary

• Unaudited Q1 FY25 results were prepared under Ind AS and reviewed by the Audit Committee and Board; the Board approved the results.

• Auditors reported no material misstatements or regulatory non-compliance in the limited review.

Financial highlights

• Revenue from operations was INR 4,132.67 lakhs, versus INR 1,945.57 lakhs in Q1 FY24 and INR 2,940.84 lakhs in Q4 FY24.

• Profit before tax was INR 1,355.83 lakhs, compared with INR 853.22 lakhs in Q1 FY24 and INR 557.33 lakhs in Q4 FY24.

• Net profit after tax was INR 1,014.21 lakhs, versus INR 697.11 lakhs in Q1 FY24 and INR 352.71 lakhs in Q4 FY24.

• Total comprehensive income was INR 964.39 lakhs, compared with INR 698.25 lakhs in Q1 FY24.

Key financial ratios and metrics

• Basic EPS was INR 7.00, versus INR 4.82 in Q1 FY24 and INR 2.44 in Q4 FY24.

• Depreciation and amortization expense increased to INR 1,069.66 lakhs from INR 191.67 lakhs in Q1 FY24; finance costs rose to INR 336.36 lakhs from INR 20.15 lakhs.

• Gross margin improved as expenses rose at a slower rate than revenue year over year.