{"id":39233,"date":"2024-05-28T16:15:32","date_gmt":"2024-05-28T10:45:32","guid":{"rendered":"https:\/\/businesspoint.co.in\/index.php\/2024\/05\/28\/slone-infosystems-limited-fy24-net-profit-up-by-461-percent-and-net-profit-margin-up-by-443-bps\/"},"modified":"2024-05-28T16:15:32","modified_gmt":"2024-05-28T10:45:32","slug":"slone-infosystems-limited-fy24-net-profit-up-by-461-percent-and-net-profit-margin-up-by-443-bps","status":"publish","type":"post","link":"https:\/\/businesspoint.co.in\/index.php\/2024\/05\/28\/slone-infosystems-limited-fy24-net-profit-up-by-461-percent-and-net-profit-margin-up-by-443-bps\/","title":{"rendered":"Slone Infosystems Limited FY24 Net Profit Up by 461 Percent And Net Profit Margin Up By 443 BPS"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], May 28:<\/strong> Slone Infosystems Limited (SLONE NSE:\u00a0INE0SMA01017),\u00a0A company specializing in IT hardware solutions and IT services, including cloud server management and corporate IT equipment servicing, has recently released its audited financial reports for\u00a0H2 FY24 and FY24.<\/p>\n

Key Financial Highlights<\/strong><\/p>\n

FY24:\u00a0<\/strong><\/p>\n

Total Income of\u00a0\u20b9\u00a061.07 Cr, YoY growth of 98.43%<\/p>\n

EBITDA of\u00a0\u20b9\u00a06.86 Cr, YoY growth of 265.53%<\/p>\n

EBITDA Margin of 11.23%, YoY growth of 513 Bps<\/p>\n

PAT of\u00a0\u20b9\u00a04.19 Cr, YoY growth of 460.80%<\/p>\n

PAT (%) of 6.86%, YoY growth of 443 Bps<\/p>\n

EPS of\u00a0\u20b9\u00a016.5, YoY growth of 307.41%<\/p>\n

H2 FY24:<\/strong><\/p>\n

Total Income of\u00a0\u20b9\u00a040.63 Cr, YoY growth of 180.15%<\/p>\n

EBITDA of\u00a0\u20b9\u00a03.48 Cr, YoY growth of 283.14%<\/p>\n

EBITDA Margin of 8.57%, YoY growth of 230 Bps<\/p>\n

PAT of\u00a0\u20b9\u00a02.06 Cr, YoY growth of 573.27%<\/p>\n

PAT(%) of 5.07%, YoY growth of 296 Bps<\/p>\n

EPS of\u00a0\u20b9\u00a08.12, YoY growth of 389.16%<\/p>\n

Key Highlights For FY24 And H2 FY24<\/strong><\/p>\n

Incorporation of a new vertical, namely installation services, our annual revenue has surged by an impressive 98.43%.<\/p>\n

Commenting on the performance Mr. Rajesh Srichand Khanna, Managing Director, Slone Infosystems Limited said,\u201d I\u2019m thrilled to announce our outstanding annual results! It\u2019s a testament to the hard work, dedication, and innovative spirit of our team. Together, we\u2019ve achieved remarkable growth and success, exceeding expectations and setting new benchmarks.\u201d<\/p>\n

In the past six months, we\u2019ve seen a significant surge in new client acquisitions compared to the first half of the year. This growth has been bolstered by the addition of a new vertical, which has directly contributed to the increase in our revenue. The company has made a fresh issue of 14,00,000 equity shares through IPO at Rs. 79.00 (FV Rs. 10) to the public and got listed on NSE on 10th May 2024.<\/p>\n

These strategic initiatives underpin our commitment to sustaining our growth momentum and expanding our market presence, ensuring long-term value creation for our stakeholders.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], May 28: Slone Infosystems Limited (SLONE NSE:\u00a0INE0SMA01017),\u00a0A […]<\/p>\n","protected":false},"author":2,"featured_media":39234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[2],"class_list":["post-39233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/39233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=39233"}],"version-history":[{"count":0,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/posts\/39233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media\/39234"}],"wp:attachment":[{"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=39233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=39233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesspoint.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=39233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}