Kapston Services Reports Robust Growth in Q2&H1FY25 Financial Results
Kapston Services Ltd., a manpower solutions provider, reported a 30.51% increase in Q2FY25 revenue, reaching ₹168.34 crore, with EBITDA climbing by 37.42%. For H1FY25, revenue rose by 32.92% to ₹321.99 crore. The company plans to expand through subsidiaries focusing on manpower and security services.
- Country:
- India
Hyderabad-based Kapston Services Ltd., a prominent player in manpower solutions, has reported a significant financial upturn for Q2&H1FY25, concluded on September 30, 2024. The company saw a 30.51% rise in Q2FY25 revenues, achieving ₹168.34 crore, with EBITDA growth hitting 37.42%, reaching ₹7.49 crore.
For the first half of the fiscal year, the total revenue climbed to ₹321.99 crore, marking a 32.92% increase compared to H1FY24. This upturn is further accentuated by a 30.06% EBITDA growth, recorded at ₹14.15 crore. An equity share split approval has also been cited as a strategic move by the company.
Managing Director Srikanth Kodali expressed enthusiasm over the financial results and highlighted plans to establish subsidiaries—Kapston Security Services Pvt. Ltd. and Kapston Manpower Services Pvt. Ltd.—to expedite business growth, particularly in the corporate sector where MSME vendors are prioritized.
(With inputs from agencies.)