Flat Financial Performance of Xerox India in FY24

03 November 2024

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.