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Compuage Infocom Ltd Earnings Release 2021
59334_rns_2021-08-16_12f8d2fb-ad3b-4633-9679-808834d4515c.pdf
Earnings Release
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16th August, 2021
To, BSE Ltd., Exchange Plaza, Dalal Street, Bandra (E), Mumbai -400 001. Mumbai —400 051.
The Corporate Services Dept., National Stock Exchange of India Ltd., Phiroze Jeejeebhoy Towers, C-i, Block C, Bandra Kurla Complex,
Security Code: 532456 Symbol: COMPINFO ISIN; 1NE070C01037
Sub: Press Release on 01 FY22 Results
Dear Sir / Ma'am,
Please find enclosed herewith press release relating to the announcement of Unaudited Financial Results of the Company for the quarter ended 30th June, 2021.
Kindly take the same on records and oblige.
Thanking you,
Yours faithfully, For Compuage Infocom Limited
Anmol Jolly C,,'- ' Company Secretary
Place: Mumbai
D-601/602 & G601/602, Lotus corporate Polk, Graham (11th Steel Compound, Western express Highway, Goregaon (E), Mumbo) —400063. IndIa. Ph.:+91-22-671 1 4444 Fax;+91-22-671 1 4445 [email protected] vww.compuagelndla.c am ON; L99999MH1999P1C1 35914
Investor Release: 16 th August 2021
Compuage Infocom posts 18% YoY growth in Total Income in Q1FY22
Q1FY22 Consolidated Financial Highlights
- Total Income at Rs. 664.1 Crores, up by 18.4% on YoY basis
- EBITDA at Rs. 17.4 Crores, up by 29.6% on YoY basis
- EBITDA Margin at 2.6%, expands by 20 bps on YoY basis
Compuage Infocom Limited announced its unaudited Standalone and Consolidated results for the quarter ended 30th June 2021.
Consolidated Q1FY22 Financial Performance
| Profit & Loss (Rs. Crs) | Q1FY22 | Q1FY21 | YoY% | Q4FY21 | QoQ% |
|---|---|---|---|---|---|
| Total Income | 664.1 | 561.0 | 18% | 1,082.9 | -39% |
| Gross Profit | 31.1 | 29.3 | 51.0 | ||
| Gross Profit Margin (%) | 4.7% | 5.2% | 4.7% | ||
| EBITDA | 17.4 | 13.4 | 30% | 32.9 | -47% |
| EBITDA Margin (%) | 2.6% | 2.4% | 3.0% | ||
| Profit After Tax | 1.0 | 0.2 | 481% | 7.6 | -86% |
Commenting on the performance, Mr. Atul Mehta, Chairman & Managing Director, said, "After witnessing strong business recovery towards the end of last financial year, Q1FY22 was a challenging quarter for the business as the operations were once again impacted on account of lockdown restrictions due to the second wave of covid-19.
Although the business recovery was slowed down temporarily, however our efforts towards new business development has led us to sign 2 new brand partnerships recently. These include distribution agreement with Alcatel-Lucent Enterprise to help them build partners on Voice, Data and Cloud Solutions for India & SAARC Market and another with SmartCard Marketing Systems (SMKG) which provides cloud services.
We believe these new brand partnerships will enable us to scale up our business in the more profitable business segments leading to better return on our capital. Going ahead, we will continue to focus on adding new brand partnerships, increase penetration into markets by tapping untapped geographies and partners, and enhance our value addition to provide value to all our stakeholders."
About Compuage Infocom Limited:
Compuage Infocom Ltd is a distribution house creating opportunities for its channel partners through aggressive market development backed by efficient supply chain management. The company acts as a strategic link between vendors (brands) and partners (resellers), equipping them for unprecedented levels of business performance. Compuage focuses on Enterprise Solutions, Cloud Computing, IT Consumer and Hardware Services. With 46 sales offices, 25 warehouses, 69 service centers and a team of over 750 professionals across the country and region, Compuage represents 29 global brands and supports over 12,000 online & offline retailers, resellers and system integrators.
Safe harbor statement:
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and result s of research and development, potential project characteristics, project potential and target dates for project related issues are forward -looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward -looking statements. The company assumes no obligation to update forward -looking Statements to reflect actual results changed assumptions or other factors.
For further details please contact:
| Compuage Infocom Ltd.CIN: L99999MH1999PLC135914 | Strategic Growth Advisors Pvt. Ltd.CIN: U74140MH2010PTC204285 |
|---|---|
| Ms. Anmol Jolly[email protected] | Mr. Shrenik Shah / Ms. Ami Parekh+91 96647 64465 / +91 80824 66052[email protected] / [email protected] |
| www.compuageindia.com | www.sgapl.net |