E2E Networks (E2E) Q1 24/25 earnings summary

Executive summary

• Achieved strong revenue growth with Q1 FY25 revenue at INR 4,132.67 lakhs, up from INR 1,945.57 lakhs in Q1 FY24.

• Net profit after tax for Q1 FY25 was INR 1,014.21 lakhs, up from INR 697.11 lakhs in Q1 FY24.

• EPS for Q1 FY25 rose to 7.00 from 4.82 in Q1 FY24.

• 3,500 equity shares allotted to employees under ESOP 2018, increasing paid-up capital.

• Unaudited financial results for Q1 FY25 were approved and reviewed by the Board and auditors.

Financial highlights

• Q1 FY25 revenue: INR 4,132.67 lakhs (+112.5% YoY, +40.6% QoQ).

• Net profit after tax: INR 1,014.21 lakhs (+45.5% YoY, +187.6% QoQ).

• Basic EPS: 7.00 in Q1 FY25, up from 4.82 in Q1 FY24.

• Depreciation and amortization expenses increased to INR 1,069.66 lakhs in Q1 FY25 from INR 191.67 lakhs in Q1 FY24.

• Finance costs rose to INR 336.36 lakhs in Q1 FY25 from INR 20.15 lakhs in Q1 FY24.

Outlook and guidance

• Financial results prepared in accordance with Ind AS and reviewed by the Audit Committee and Board.

• Sustained revenue growth expected from increasing monthly recurring revenues.

• Margin improvements anticipated to continue with further operational efficiencies.