ESDS Q2 Profit Jumps 41% as Revenue Rises 48%
ESDS Software Solution, an enterprise cloud and AI company, reported a 40.7% year-on-year rise in consolidated net profit to ₹31.1 Cr. Its revenue went up 48% over the same period. Enterprise cloud means computing services sold to businesses, which they use to store and run software.
Quick glossaryESDS Software Solution, year-on-year (YoY), consolidated net profit
- ESDS Software Solution
- ESDS Software Solution is an Indian company best known for providing enterprise cloud hosting services to businesses.
- year-on-year (YoY)
- Comparing a result with the same period one year earlier, to show growth over time.
- consolidated net profit
- The total profit of a company and its subsidiaries after all costs and taxes are paid.
Burning Potato score: 58%