InfoBeans Technologies Limited — Earnings Release 2022

Jan 27, 2022

Date: 27/01/2022

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To,

The Listing Department National Stock Exchange of India Limited Exchange Plaza, Plot No - C/1, G- Block, Bandra- Kurla Complex, Bandra (East), Mumbai- 400051

Sub: Press Release

NSE Scrip ID: INFOBEAN

Dear Sir/ Madam,

Please find attached press release announcing the results of the third Quarter ended on 31[st] December, 2021.

You are requested to please take the same in your record .

Thanking you, Yours faithfully

For InfoBeans Technologies Limited

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Surbhi Jain

Company Secretary and Compliance Officer

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InfoBeans Posts Q3 results

InfoBeans Technologies Limited (NSE:infobean), fast-growing Digital Transformation company, announced its audited financial results for the quarter ended December 2021.

Here are the major highlights of InfoBeans FY 2021-2022 Q3 results:

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Key highlights of the last quarter

M&A update - in November 2021 InfoBeans acquired Pune based Eternus Solutions Pvt limited, a Salesforce implementation partner company.

Rising Revenue: The total revenue at INR 74 crores grew by 40.6% YoY from INR 53 crores reported in Dec, 2020. In comparison with last quarter revenue of 65 Crores it has increased by 14 %.

Increased EBITDA : The EBITDA increased by 22.1 % YoY from INR 19 Crores to INR 23 Crores and if compared with last quarter EBITDA of 17 Crores it has increased by 40.4 %.

PAT: Profit after tax increased by 18.7% YoY from INR 14 crores to INR 17 crores. In comparison with the last quarter PAT has increased by 45.6 %.

Client wins: 12 new clients were added in the last quarter, including one fortune 500 client.

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About InfoBeans

InfoBeans, founded in 2000 and now a team of 1400+ strong, is a publicly listed Digital Transformation and Product Engineering outfit. We design, build and sustain enterprise-grade software to fulfill our clients’ most ambitious business aspirations or resolve their most complex business problems using cutting-edge technology. We strive to deliver value accretive services to our clients over a long period of time as an extension of their own team. We intently focus on the philosophy that InfoBeans is our team’s second home across our offices in the USA, Europe, and Asia, and work hard every day to grow a work culture that fosters collaboration and excellence. Creating WOW! is not just a tagline for us, it’s our religion!

Investor Relations Contact

Surbhi Jain investor.relations@infobeans.com