E2E Networks Reports Robust Financial Growth for Q3 and Nine Months Ending December 2024
Team Finance Saathi
22/Jan/2025

What's Covered Under the Article
- E2E Networks reports a significant revenue increase for Q3 FY2024, reflecting growth in operations.
- Company issues unaudited results for nine months ending December 2024, highlighting strong earnings.
- Compliance with SEBI regulations and key updates on equity share capital are shared.
E2E Networks Limited, a prominent player in the Indian technology and cloud services industry, has recently announced its un-audited financial results for the quarter and nine months ended December 31, 2024. The results show significant growth in the company's performance, highlighting a substantial increase in both revenue and profit margins. This positive development is a reflection of the company's strong financial management and continuous business expansion.
The company’s total income for the quarter was reported at ₹5,439.61 lakhs, marking a notable increase compared to the previous quarter. The company’s revenue from operations surged to ₹4,160.47 lakhs for Q3 FY2024, while other income increased significantly to ₹1,279.14 lakhs, showing the company's diverse income streams and robust operational strategies.
Key Financial Highlights:
- The company reported a net profit after tax of ₹1,159.34 lakhs, a strong growth compared to the same period in the previous fiscal year.
- Earnings per share (EPS) for the quarter were ₹7.35 (basic) and ₹7.03 (diluted), reflecting the company’s solid profitability and growth trajectory.
Additionally, E2E Networks achieved a significant milestone by successfully raising ₹565.63 lakhs through a preferential issue of equity shares, which has further strengthened the company's financial position and will support future growth initiatives.
This performance reflects the company’s strategic focus on expanding its core business while maintaining a solid balance sheet, enabling the company to capitalize on the growing demand for cloud and technology solutions in India.
The Board of Directors approved the financial results at its meeting held on January 22, 2025, after reviewing the unaudited financial statements for the period ended December 31, 2024. These results have also been subjected to a limited review by the company’s statutory auditors, ensuring their accuracy and compliance with SEBI Listing Regulations.
E2E Networks Limited's continuous effort to deliver strong financial outcomes highlights its robust business model and commitment to shareholder value. Looking ahead, the company plans to expand its footprint in the Indian market while also enhancing its technological capabilities to meet growing customer demands.
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