Ksolves India Q2FY26 Net Profit Declines 8.5% YoY; Revenue Increases 13.9%, Announces ₹5 Interim Dividend

New Delhi, October 15, 2025:  Ksolves India Ltd (BSE: 543599, NSE: KSOLVES) posted a 13.9% year-on-year increase in consolidated revenue to ₹3,967.05 lakh for Q2FY26, down 8.5% YoY in net profit at ₹840.81 lakh. Its board also announced a second interim dividend of ₹5 per equity share for FY26 and authorized the shutdown of its wholly owned US subsidiary, Ksolves LLC, as part of a cost-optimization measure.

Established in 2014, Ksolves India Ltd is a software development firm and IT service provider dealing in Salesforce, Big Data, AI, and full-stack development. Listed on NSE as well as BSE, Ksolves has a consistent history of dividend payments and is continuing its global growth.

Stock Performance

As of 2:57 PM on October 15, Ksolves’ stock was trading at ₹325, up 3.54% for the day, reflecting positive momentum in its intraday performance. The stock has a 52-week high of ₹410 and a 52-week low of ₹215.

Quarterly Financial Performance

For the quarter ended September 30, 2025, Ksolves posted an EBITDA of about ₹1,205.34 lakh, down 9.5% YoY but up 20% sequentially. The profit before tax was ₹1,126.46 lakh, a decline of 10.5% YoY, while EPS was at ₹3.55.

Consolidated revenue for the half-year ended September 2025 was ₹7,733.56 lakh, while net profit was at ₹1,483.34 lakh, as against ₹1,814.22 lakh in H1FY25.

Standalone Performance

On a standalone basis, revenue increased 13.5% YoY to ₹3,944.93 lakh, whereas net profit declined to ₹836.11 lakh from ₹921.79 lakh during Q2FY25. Total assets mounted to ₹5,620.72 lakh, whereas reserves and surplus climbed to ₹2,214.90 lakh from ₹953.18 lakh as of March 2025.

Dividend and Record Date

The board announced a second interim dividend of ₹5 per share for FY2025–26. The record date of shareholders for payment of the dividend is October 23, 2025.

Strategic Move: Closure of Subsidiary

Part of operational streamlining, Ksolves declared that its wholly owned US subsidiary, Ksolves LLC, would be shut down, although Ksolves IT USA Inc. will continue to provide services to customers in the United States. This is aimed at removing redundancy, maximizing cost, and enhancing efficiency.

Highlights of Balance Sheet and Cash Flows (Consolidated)

As of September 30, 2025, total assets were ₹5,545.00 lakh and total equity was ₹3,322.00 lakh. Other equity rose to ₹2,136.40 lakh and total liabilities fell to ₹2,223.00 lakh. The company had an operating cash flow of ₹1,639.44 lakh and had ₹1,765.59 lakh of cash and cash equivalents at the end of the half-year, indicating good liquidity.

Management Commentary

Ratan Kumar Srivastava, MD and Chairman, stated, “Ksolves is continuing to expand its global presence with a healthy balance sheet. The strategic shutdown of the duplicate entities in the US will further rationalize the operations and make it more efficient.”

REF: https://nsearchives.nseindia.com/corporate/KSOLVES_15102025123757_OutcomeofBoardMeeting.pdf

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations