Flat Financial Performance of Xerox India in FY24

Flat Financial Performance of Xerox India in FY24
Planify Author
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Planify Author

Financial Analyst Intern
Publish Date3 November 2024
Reading time1 Min

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Xerox India demonstrated robust financial growth in FY24, with notable increases in profit, assets, and equity, positioning the company well for future stability.

  • Revenue Growth: Xerox India achieved a slight increase in revenue, up by 0.40% to ₹447.25 crore, showing stability in its core business.

  • Significant Profit Growth: PAT increased sharply by 78.24% to ₹18.43 crore, and EPS rose by 42.56% to ₹4.12, indicating strong profitability improvements.

  • Asset and Equity Increase: Total Assets grew by 11.64% to ₹437.5 crore, and Total Equity rose by 8.01% to ₹248.51 crore, reflecting strengthened financial stability.

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