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Compuage Infocom Ltd — Earnings Release 2023
Nov 17, 2022
59334_rns_2022-11-17_60a518f9-2ba3-427e-ae27-73350adee382.pdf
Earnings Release
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17[th] November, 2022
To, The Corporate Services Dept., BSE Ltd., Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Security Code: 532456 ISIN: INE070C01037
National Stock Exchange of India Ltd., Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051.
Symbol: COMPINFO
Sub: Revised Press Release on Q2FY23 Results
Dear Sir / Ma’am,
Please find enclosed herewith revised press release relating to the announcement of Unaudited Financial Results of the Company for the quarter and half year ended 30[th] September, 2022.
Kindly take the same on records and oblige.
Thanking you,
Yours faithfully,
For Compuage Infocom Limited,
Digitally signed by HASTI DEEPAK HASTI DEEPAK PALA PALA Date: 2022.11.17 10:05:21 +05'30' _______________________
Hasti Pala
Company Secretary
Place: Mumbai
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COMPUAGE INFOCOM LIMITED
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Investor Release: 17[th] November 2022
Compuage Infocom’s Revenue up by 22% while PAT grows by 70% in H1FY23
Q2FY23 Consolidated Financial Highlights
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Total Income stood at Rs. 1,243 Crores, up by 10% on YoY basis
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EBITDA stood at Rs. 34.6 Crores, up by 16% on YoY basis
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PAT stood at Rs. 8.4 Crores, up by 11% on YoY basis
H1FY23 Consolidated Financial Highlights
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Total Income stood at Rs. 2,186 Crores, up by 22% on YoY basis
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EBITDA stood at Rs. 61 Crores, up by 29% on YoY basis
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PAT stood at Rs. 14.6 Crores, up by 70% on YoY basis
Compuage Infocom Limited announced its unaudited Standalone and Consolidated results for the quarter & half ended 30[th] September 2022
Consolidated Q2 & H1FY23 Financial Performance
| Profit & Loss(Rs. Crs)Total IncomeGross ProfitGross Profit Margin(%)EBITDA_EBITDA Margin(%) _Profit After Tax | Q2FY231,243.358.74.7%34.62.8%8.4 | Q2FY221,126.153.04.7%29.92.7%7.5 | YoY%10%11%16%11% | Q1FY23943.145.04.8%26.42.8%6.2 | QoQ%32%30%31%36% | H1FY232,186.4103.74.7%61.02.8%14.6 | H1FY221,790.284.14.7%47.32.6% | YoY%22%23%29% |
|---|---|---|---|---|---|---|---|---|
| 8.6 | 70% |
Commenting on the performance, Mr. Atul Mehta, Chairman & Managing Director, said, “I am delighted to share that the Company has reported a robust revenue growth of 32% sequentially on the back of strong demand across our product portfolio. Demand scenario from corporates and households continues to remain healthy.
Our EBITDA too grew by a stellar 29% sequentially on account of better product mix and increased share of value-added products. Additionally, we have made healthy progress on adding newer brand partnerships as well as have signed up distribution agreement with R&M India Private Limited to provide versatile structured cabling solution to partners.
We believe that the penetration of IT products in India is substantially lower than in developed nations, providing us sufficient headroom for sustained long-term growth. Going forward, we will continue to focus on adding new brand partnerships and agreements to widen our product portfolio, and explore newer markets in order to scale up our business which will lead to better value creation and profitability”
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COMPUAGE INFOCOM LIMITED
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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, 27 warehouses, 69 service centers and a team of over 700+ professionals across the country and region, Compuage represents 28+ 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 results 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. Strategic Growth Advisors Pvt. Ltd. CIN: L99999MH1999PLC135914 CIN: U74140MH2010PTC204285 Ms. Anmol Jolly Mr. Abhishek Shah / Mr. Vatsal Shah [email protected] +91 99306 51660 / +91 88796 59884 [email protected] / [email protected] www.compuageindia.com www.sgapl.net
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