RS Software India Q4 FY24 Results Live : profit rise by 553.95% YOY

RS Software India announced their Q4 FY24 results on 19th April 2024, showcasing a remarkable performance with a 48.9% increase in revenue and a staggering 553.95% rise in profit year-over-year.

However, compared to the previous quarter, there was a slight decline in revenue by 5.51% and profit decreased by 13.73%.

The company witnessed a significant increase in Selling, general & administrative expenses by 60.71% quarter-over-quarter and 27.24% year-over-year.

On the operational front, the operating income saw a decline of 44% quarter-over-quarter but surged by 407% year-over-year, indicating strong growth over the period.

In terms of earnings per share (EPS), RS Software India reported ₹0.65 for Q4 FY24, marking a 60.73% increase year-over-year.

RS Software India's stock performance has been impressive, delivering returns of 8.21% in the last week, 385.68% in the last 6 months, and 389.41% year-to-date.

Currently, the company commands a market capitalization of ₹736.67 Cr with a 52-week high/low of ₹292.25 and ₹25.35 respectively, reflecting a strong market position.