AI assistant
InfoBeans Technologies Limited — Earnings Release 2025
Oct 28, 2024
61086_rns_2024-10-28_3d6be924-e42b-4a55-8b81-08920862fd38.pdf
Earnings Release
Open in viewerOpens in your device viewer
==> picture [581 x 92] intentionally omitted <==
To,
Date: 28[th ] October, 2024
The Listing and Compliance Department, The Manager, National Stock Exchange of India Limited Listing Dept. Exchange Plaza, 5[th] Floor, BSE Limited Plot No. C/1, G block, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra East, Mumbai – 400051 Mumbai-400001 Script Code: SM – INFOBEAN MH- IN SYMBOL: INFOBEAN Scrip Code: 543644
Subject : Press Release
Dear Sir/Madam,
Please find attached press release announcing the results of the second quarter and half year ended on 30[th] September, 2024.
You are requested to please take the same on your records.
Thanking You Yours Faithfully
Enclosed: Press Release
For InfoBeans Technologies Ltd
Surbhi Digitally signed by Surbhi Jain Jain Date: 2024.10.28 13:24:02 +05'30' Surbhi Jain
Company Secretary and Compliance Officer
==> picture [594 x 64] intentionally omitted <==
==> picture [101 x 32] intentionally omitted <==
InfoBeans Q2 PAT Surges by 201%
InfoBeans Technologies Limited (NSE:INFOBEAN, BSE:543644), a global digital transformation company, announced its financial results for the second quarter of FY 2024-25. The company showcased remarkable growth, posting an 8% year-over-year revenue growth and a significant improvement in profitability, with a 52% increase in EBITDA margins and a staggering 201% surge in PAT margins compared to the same period last year. In USD terms, the revenue increased by 7%.
Major highlights of Quarter Jul-Sep 2024
| (₹ in crores) | Sep 2024 | Sep 2023 | YoY | Jun 2024 | QoQ |
|---|---|---|---|---|---|
| Revenue | ₹ 102 | ₹ 95 | 8% | ₹ 100 | 2% |
| EBITDA | ₹ 23 | ₹ 15 | 52% | ₹ 19 | 25% |
| PAT | ₹ 13 | ₹ 4 |
201% | ₹ 7 | 63% |
Major highlights of H1 Apr-Sep 2024
| (₹ in crores) | Sep 2024 | Sep 2023 | YoY |
|---|---|---|---|
| Revenue | ₹ 202 | ₹ 190 | 7% |
| EBITDA | ₹ 42 | ₹ 30 | 39% |
| PAT | ₹ 20 | ₹ 8 | 166% |
In USD terms, the revenue grew by 4% YoY
Avinash Sethi, Co-founder of InfoBeans, commented on the company’s impressive performance, stating, 'The increase in demand from the clients and the optimizations implemented in previous quarters are supporting the company’s profitability. We continue to double down on our investment in AI-enabled technologies with a mission to build a sustainable, long-term business.‘
==> picture [101 x 32] intentionally omitted <==
InfoBeans signed four new large enterprises during the quarter and onboarded 84 new team members. The company remains committed to aggressively investing in sales e�orts, high-growth teams, and relationships with major enterprise clients.
About InfoBeans
InfoBeans, founded in 2000 and now 1500+ strong, is a global Digital Transformation and Product Engineering organization. We strive to deliver exceptional value to our clients using the best software technologies while solving their complex business problems. Strengthened by our partnership with Salesforce, ServiceNow, Microsoft, and agineo our services enable corporations to transform their businesses and gain a competitive advantage digitally.
Creating WOW! is not just a tagline for us, it’s our religion!
Investor Relations Contact: Mridul Maheshwari [email protected]