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Compuage Infocom Ltd Earnings Release 2023

Jan 24, 2023

59334_rns_2023-01-24_816ae1e8-a320-4faf-a57f-9add6e6a31c5.pdf

Earnings Release

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24[th] January, 2023

To, The Corporate Services Dept., National Stock Exchange of India Ltd., BSE Ltd., Exchange Plaza, Phiroze Jeejeebhoy Towers, C-1, Block G, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai - 400 001. Mumbai – 400 051. Security Code: 532456 Symbol: COMPINFO ISIN: INE070C01037

Sub: Press Release on Q3FY23 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 and nine months ended 31[st] December, 2022.

Kindly take the same on records and oblige.

Thanking you,

Yours faithfully,

For Compuage Infocom Limited

Digitally signed by HASTI HASTI DEEPAK PALA DEEPAK PALA Date: 2023.01.24 10:31:57 +05'30' _____

Hasti Pala

Company Secretary

Place: Mumbai

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COMPUAGE INFOCOM LIMITED

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Investor Release: 24[th] January 2023

Compuage Infocom’s Revenue rose by 15% & PAT grew by 41% for 9MFY23.

Q3FY23 Consolidated Financial Highlights

  • ➢ Total Income stood at Rs. 1,167 Crores, up by 2% on YoY basis

  • ➢ EBITDA stood at Rs. 30 Crores, down by 2% on YoY basis

  • ➢ PAT stood at Rs. 8.5 Crores, up by 9% on YoY basis

9MFY23 Consolidated Financial Highlights

  • ➢ Total Income stood at Rs. 3,354 Crores, up by 14% on YoY basis

  • ➢ EBITDA stood at Rs. 91 Crores, up by 17% on YoY basis

  • ➢ PAT stood at Rs. 23 Crores, up by 41% on YoY basis

Compuage Infocom Limited announced its unaudited Standalone and Consolidated results for the quarter & nine months ended 31[st] December 2022

Consolidated Q3 & 9MFY23 Financial Performance

Profit & Loss(Rs. Crs) Q3FY23 Q3FY22 YoY% 9MFY23 9MFY22 YoY%
Total Income 1,167.6 1,141.8 2% 3,354.0 2,932.0 14%
Gross Profit 53.2 53.8 -1% 156.9 137.9 14%
Gross Profit Margin(%) 4.6% 4.7% - 4.7% 4.7% -
EBITDA 30.6 31.1 -2% 91.6 78.4 17%
_EBITDA Margin(%) _ 2.6% 2.7% - 2.7% 2.7% -
Profit After Tax 8.5 7.8 9% 23.1 16.3 41%

Commenting on the performance, Mr. Atul Mehta, Chairman & Managing Director, said ,

“The Company’s performance in 9MFY23 is further proof that its outlined strategy is yielding the intended results. The Company’s total income grew by 14% year on year while it has reported a robust growth in profitability of 41% year on year.

In line with the Company’s endeavor to expand its brand portfolio and partnerships agreements, it has recently signed partnered with 2 leading brands namely Bosch Limited for supply of Bosch CCTV surveillance in India and Supermicro Computer Inc. where the Company will distribute high performance and high-efficiency servers, server management software’s and storage systems to its customers. These new partnerships are a testimony of the Company’s strong Pan-India distribution channels, complemented by its excellent service quality. We expect to sign more such partnerships in the coming quarters.

Going forward, the Company will continue to work towards signing up more such brands that will enhance its value proposition for its channel partners.”

www.compuageindia.com

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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.
CIN: L99999MH1999PLC135914
Strategic Growth Advisors Pvt. Ltd.
CIN: U74140MH2010PTC204285
Ms. Anmol Jolly
[email protected]
www.compuageindia.com
Mr. Abhishek Shah / Mr. Vatsal Shah
+91 99306 51660 / +91 88796 59884
[email protected] / [email protected]
www.sgapl.net

www.compuageindia.com

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