SQS India BFSI Limited Reports Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2017
January 25, 2018 at 02:27 pm IST
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SQS India BFSI Limited reported consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, on consolidated basis, the company reported revenue from operations of INR 704 million compared to INR 609 million a year ago. Profit before exceptional items and tax was INR 82 million compared to INR 62 million a year ago. Profit before tax was INR 82 million compared to INR 62 million a year ago. Profit for the period was INR 53 million compared to INR 40 million a year ago. Earnings of INR 4.95 per diluted share compared to INR 3.71 per diluted share a year ago. EBITDA was INR 105 million.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 2,008 million compared to INR 2,024 million a year ago. Profit before exceptional items and tax was INR 334 million compared to INR 302 million a year ago. Profit before tax was INR 334 million compared to INR 302 million a year ago. Profit for the period was INR 217 million compared to INR 192 million a year ago. Earnings of INR 20.22 per diluted share compared to INR 17.95 per diluted share a year ago. EBITDA was INR 334 million as compared to INR 402 million a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 704 million compared to INR 609 million a year ago. Profit before exceptional items and tax was INR 78 million compared to INR 51 million a year ago. Profit before tax was INR 78 million compared to INR 51 million a year ago. Profit for the period was INR 52 million compared to INR 32 million a year ago. Earnings of INR 4.85 per diluted share compared to INR 3.02 per diluted share a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 2,008 million compared to INR 2,024 million a year ago. Profit before exceptional items and tax was INR 294 million compared to INR 277 million a year ago. Profit before tax was INR 294 million compared to INR 277 million a year ago. Profit for the period was INR 185 million compared to INR 175 million a year ago. Earnings of INR 17.33 per diluted share compared to INR 16.37 per diluted share a year ago.
Expleo Solutions Limited is an India-based global engineering, technology and consulting service provider. The Company provides software services, which includes software validation and verification services, software development and engineering consultancy services related to aerospace, automotive, defense and rail industry, and banking, financial services and insurance (BFSI). The Company has capabilities in various fields, such as artificial intelligence (AI) engineering, digitalization, hyper-automation, cybersecurity and data science. The Company has invested in four wholly owned subsidiaries in Singapore, the Unites States of America, the United Kingdom and the United Arab Emirates for market development and service delivery in the respective regions. Its subsidiaries include Expleo Solutions Pte. Ltd., Expleo Solutions UK Ltd., Expleo Solutions Inc. and Expleo Solutions FZE.