Press Release

ROX Hi-Tech Limited Records Robust Financial Performance for Q3 and 9M FY24, achieves ₹ 115.11 Crore Total Income in 9M

Mumbai (Maharashtra) [India], February 15: ROX Hi-Tech Limited (NSE – ROXHITECH), a customer-centric IT solutions provider has announced its Unaudited Financial Results for the Q3 & 9M FY24.

Q3 FY24 Key Financials at a Glance:

• Total Income of ₹ 37.76 Crore

• EBITDA of ₹ 7.73 Crore

• EBITDA Margin of 20.47 %

• PAT of ₹ 5.30 Crore

• PAT Margin of 14.04 %

• EPS of ₹ 2.32

9M FY24 Key Financials at a Glance:

• Total Income of ₹ 115.11 Crore

• EBITDA of ₹ 23.35 Crore

• EBITDA Margin of 20.29 %

• PAT of ₹ 15.80 Crore

• PAT Margin of 13.72 %

• EPS of ₹ 6.92

Commenting on this, Mr. Jim Rakesh Managing Director, ROX Hi Tech Limited said, “Our impressive performance is a result of our unwaveringly committed to excellence.  Our technical proves meeting the rising client requirement is a key driver of our business excellence. With over two decades of experience, we have strategically positioned ourselves to meet ever rising and challenging requirement of the ever-evolving IT industry, 

In addition to our excellent performance, I am delighted to announce that we have secure a digital transformation deal that involves data and database migration for a leading public sector organization. The entry into the public sector organization marks the beginning of numerous opportunities for future growth and expansion. This success positions ROX Hi Tech Limited as a trusted partner for digital transformation initiatives, paving the way for continued success in the IT industry.”

Further, ROX has been selected as the preferred vendor by EuroGroup for their business Process Automation. This success underscores ROX’s expertise in handling complex IT projects and reinforces our commitment to delivering meaningful IT solutions for our clients.”

Highlights for Q3 FY24 
ROX Hi-Tech bags order worth ₹ 40 crores• ROX Hi-Tech secures ₹40 crores in Q3 FY24. • Deals to be executed between January-June 2024. • Highlights significant growth and digital excellence.
Strategic Alliance with Blueprism for AutomationROX Hi-Tech partners with Blueprism to offer AI-powered Intelligent Automation solutions for SAP deployments, accelerating clients’ SAP S/4HANA® transformation goals. The alliance combines ROX’s SAP expertise and AI talent with Blueprism’s automation technologies, fostering a unique co-innovation market relationship.
  
Secured Pivotal Digital Transformation Deal with Prominent Public Sector OrganizationROX Hi-Tech wins a major digital transformation deal with a public sector organization, showcasing expertise in data and database migration. The focus on seamless data transfer ensures integrity, security, and compliance, addressing challenges of data fragmentation. By consolidating databases, ROX aims to enhance operations, decision-making, and citizen services, improving overall efficiency.
Highlights for Q3 FY24 

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