Results · Enterprise Software & IT

MathCo profit jumps 4.3X in FY25 on 0.5% revenue growth

By Startup Enthusiast · 4 December 2025

What they do

MathCo provides AI and machine learning solutions to help enterprises collect, process, and analyze data independently

In FY25, MathCo’s profit rose 4.3 times to ₹64 crore despite a 0.5% increase in operating revenue to ₹501.5 crore

The company improved its ROCE and EBITDA margin to 11.71% and 14.36% respectively by reducing expenses by 9% to ₹444 crore

MathCo reported a 4.3X increase in profit to ₹64 crore in FY25, despite a 0.5% rise in operating revenue to ₹501.5 crore.
Employee benefit expenses dropped 7% to ₹374 crore, forming 84% of total expenses, while IT expenses remained nearly flat at ₹12 crore.
Depreciation increased to ₹12.5 crore from ₹8 crore last year, and finance costs rose to ₹3 crore.
Total expenses declined 9% to ₹444 crore in FY25 from ₹489 crore in FY24, helping improve profitability.
ROCE and EBITDA margin improved to 11.71% and 14.36% respectively, showing better efficiency.
Cash and bank balances stood at ₹53 crore, while current assets were ₹454.5 crore at the end of FY25.

MathCo’s ability to reduce expenses while maintaining a slight revenue increase highlights its improved operational efficiency.
The company’s focus on AI and machine learning solutions has helped it deliver better profitability despite a modest revenue growth.
The decline in employee benefit expenses and controlled IT costs contributed significantly to the profit jump.

MathCo provides AI and machine learning solutions to enterprises, helping them collect, process, and analyze data independently.
The company partners with enterprises to build a 'supercharged brain' using AI capabilities to solve challenges and drive innovation.
The company focuses on building a semantic layer to provide the contextual foundation needed for systemic AI to operate effectively.
MathCo’s services include AI-powered decision applications, modernized business intelligence, and AI-ready data foundations.