Kapston Services, Vertoz, Pitti Engineering, Cupid Q3 financial highlights

Hyderabad, February 17, 2025: The net profit of Kapston Services Ltd., an end-to-end manpower solutions provider, rose 68.40 per cent YoY from Rs 2.69 crore in Q3FY24 to Rs 4.53 crore in Q3FY25. Revenue from Operations grew by 32.69 per cent YoY from Rs 137.47 crore in Q3FY24 to Rs 182.41 crore in Q3FY25. EBITDA increased by 41.84 per cent YoY from Rs 5.88 crore in Q3FY24 to Rs 8.34 crore in Q3FY25.

Commenting on the results, Srikanth Kodali, Managing Director, said, “We are delighted to declare good set of numbers. The growth in PAT is improved on both QoQ and YoY due to increase in scale of operations and increasing contributions from newer geographies. Our client addition during the quarter and last nine months has been strong and we continue to add marquee clients to our current clientele. Having said that our endeavour to expand across India would continue and would adopt same strategy of continuous investment in expanding in newer geographies consolidate and again expand with a great focus on profitability of the company.”

Vertoz Limited net profit up 63 per cent

Vertoz Limited, a leading AI-driven MadTech and CloudTech platform, has posted a net profit of 62.97 per cent to Rs 7.35 crore in the quarter ended December 2024 as against Rs 4.51 crore during the previous quarter ended December 2023. Sales rose 19.86 per cent to Rs 66.20 crore in the quarter ended December 2024 as against Rs 55.23 crore during the previous quarter ended December 2023. EBITDA stood at Rs 8.28 crore in Q3 FY25, as compared to Rs 6.05 crore in Q3 FY24, growing by 36.86 per cent.

Commenting on the performance, Ashish Shah, Chief Executive Officer of Vertoz Limited, said, “We are delighted to declare strong growth rates during the quarter. Significant growth has been observed and projected in both domestic and international markets. We are in advanced talks to acquire a company operating in North American markets, a region of significant global economic activity. This market comprises over 22 million small and medium-sized enterprises, each spending an average of over $24,000 annually on related services, representing $80 billion opportunity for us.”

Pitti Engineering PAT surges 83 per cent

Pitti Engineering Limited, a leading Engineering Company, has reported 83.07 per cent growth in net profit at Rs 28.76 crore for the third quarter as compared with Rs 15.71 crore in the year-ago period. Total income during the quarter ended December 31, 2025 grew 37.95 per cent to Rs 421 crore, as compared with Rs 305.19 crore a year ago. EBITDA was at Rs 66.95 crore as compared to Rs 51.48 crore in Q3FY24; registered a growth of 30.05 per cent on YoY basis.

Commenting on the results, Akshay S Pitti, MD and CEO, said, “I am happy to report that our consolidated PAT for 9MFY25 grew by 97.12 per cent to Rs 86.14 crore and total income was up by 37.38 per cent at Rs 1271.06 crore. The processes to integrate our recent merger and acquisitions is ongoing and we have started to derive synergies from them. As we look to FY2026 we see our machined components business continuing to grow rapidly further improving our margin profile.”

Cupid Limited net profit rises 25 per cent

Cupid Limited, India's premier manufacturer and brand of male and female condoms, water based personal lubricants, IVD kits, deodorants, perfumes, almond hair oil, body oils, petroleum jelly and other FMCG Products has for the third quarter reported net profit of Rs 11.04 crore, as compared to Rs 8.86 crore in the year ago period, up 24.60 per cent. The total income was at Rs 50.76 crore, as compared to Rs 40.78 crore in Q3 FY24, up by 24.47 per cent. Operating income was at Rs 46.35 crore, as compared to Rs 40.05 crore in Q3 FY24, up by 15.73 per cent.  EBITDA stands at Rs 11.34 crore.

The Board has appointed Aditya Kumar Halwasiya, Managing Director of the company, as Chairman and Managing Director. Commenting on the results, Halwasiya said: “We are delighted to announce a good set of numbers for the quarter. We are expanding our market presence and keep bringing new high quality products to the market. We are honoured to receive continuous orders from our customers in India and Beyond. It is a testament to our consistent quality, reliability, and commitment to supporting global health initiatives. Our new manufacturing facility at Palava near Mumbai is shaping up well and should be operational by the end of the current calendar year.”

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