InfoBeans Technologies Limited — Interim / Quarterly Report 2025

Jan 28, 2025

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To,

Date: 28[th] January, 2025

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: Outcome of the Board Meeting 5/2024-25 Reference : SM - INFOBEAN

Dear Sir/Madam,

With reference to above mentioned subject we would like to inform you that a meeting of the Board of Directors of InfoBeans Technologies Limited was held on the Tuesday, 28[th] January, 2025 commenced at 09:00 A.M. and concluded at 10:30 A.M. and following business were transacted at the meeting:-

• To consider and approve the Un-Audited Standalone & Consolidated Financial Results of the company for the third quarter ended on 31[st] December, 2024

This is for your information and record. Thanking you, Yours Faithfully,

For InfoBeans Technologies Ltd

Surbhi Digitally signed by Surbhi Jain Jain Date: 2025.01.28 10:34:41 +05'30' Surbhi Jain

Company Secretary and Compliance Officer

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Ground Floor, Tower – C Unit 1 Panchshil Tech Park One, Loop Road, Near Don Bosco School, Yerwada Pune – 411 006, India Tel: +91 20 6603 6000

Chartered Accountants

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Independent Auditor’s Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors Infobeans Technologies Limited

1. We have reviewed the accompanying statement of unaudited standalone financial results of Infobeans Technologies Limited (the “Company”) for the quarter ended December 31, 2024 and year to date from April 01, 2024 to December 31, 2024 (the “Statement”) attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”).

2. The Company’s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company’s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

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S R B C & CO LLP, a Limited Liability Partnership with LLP Identity No. AAB-4318 Regd. Office: 22, Camac Street, Block ‘B’, 3rd Floor, Kolkata-700 016

Chartered Accountants

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1. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003

Mustafa M Saleem

Digitally signed by Mustafa M Saleem DN: cn=Mustafa M Saleem, c=IN, o=Personal, email=mustafa.saleem@srb.in Date: 2025.01.28 10:20:01 +05'30'

per Mustafa Saleem Partner Membership No.: 136969 UDIN: 25136969BMNSVM5380 Pune January 28, 2025

INFOBEANS T CIN - L722 Registered O�ce -Crystal IT Park, STP Website : www.infobeans.com, Email : investor.re Statement of unaudited standalone financial resul	ECHNOLOGIES LIMITED 00MP2011PLC025622 -I 2nd Floor, Ring Road, Indore MP 452001 IN lations@infobeans.com, Contact No. : 0731 - 7162000, 2102 ts for the quarter and nine months ended 31 December 2024
	(� In Lakhs except per share data)
Particulars	Quarter ended			Nine months ended		Year ended
	31 December 2024	30 September 2024	31 December 2023	31 December 2024	31 December 2023	31 March 2024
	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
Income I Revenue from operations II Other income III Total income (I+II) Expenses a) Employee benefits expense b) Finance costs c) Depreciation and amortisation expense d) Other expenses IV Total expenses V Profit Before Tax (III-IV) VI Tax expense Current tax Short/(excess) provision in respect of earlier year Deferred tax Total tax expenses VII Profit for the period (V-VI) VIII Other comprehensive income Items that will not be reclassified to profit or loss in subsequent periods - Remeasurement of the defined benefit obligations - Income tax relating to above IX Total other comprehensive income X Total comprehensive income for the period (VII + IX) XI Paid-up equity share capital (Face value of the share is Rs.10 per share) XII XIII Earnings per share (of Rs 10/- each) (not annualised) (1) Basic (�) (2) Diluted (�) Reserves excluding revaluation reserves as per the balance sheet	6,837 88	7,053 170	5,694 128	20,522 341	17,079 267	23,082 1,176
	6,925	7,223	5,822	20,863	17,346	24,258
	4,756 45 151 858	4,462 48 157 691	4,070 109 159 827	13,590 133 466 2,151	12,264 327 490 2,328	16,589 442 648 2,932
	5,810	5,358	5,165	16,340	15,409	20,611
	1,115	1,865	657	4,523	1,937	3,647
	304 9 5	416 - (20)	233 0* (78)	1,041 9 65	719 0* (204)	937 0* (178)
	318	396	155	1,115	515	759
	797	1,469	502	3,407	1,422	2,888
	(80) 24	(7) 2	(13) 4	(133) 39	(91) 27	(69) 20
	(56)	(5)	(9)	(94)	(64)	(49)
	741	1,464	493	3,313	1,358	2,839
	2,436.88 3.27 3.25	2,436.88 6.03 6.00	2,429.84 2.06 2.05	2,436.88 13.99 13.92	2,429.84 11.97 11.90	2,429.84 24,552 11.89 11.80

*amount below � 1 Lakh

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INFOBEANS TECHNOLOGIES LIMITED CIN - L72200MP2011PLC025622 Registered O � ce -Crystal IT Park, STP-I 2nd Floor, Ring Road, Indore MP 452001 IN Website : www.infobeans.com, Email : investor.relations@infobeans.com, Contact No. : 0731 - 7162000, 2102 Notes to unaudited standalone financial results:

• 1 The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 28 January 2025 and were subjected to limited review by the Statutory Auditors.

• 2 The company operates in one segment i.e. Information Technology services. Accordingly, no separate segment disclosures as required under "Ind AS-108 : Operating Segments" have been presented.

• 3 The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the Gazette of India. Certain sections of the Code came into effect on 03 May 2023. However, the final rules/interpretation have not yet been issued. Based on a preliminary assessment, the entity believes the impact of the change will not be significant.

• 4 The above standalone results are available on the Company's website - https://www.infobeans.com/investors and on the stock exchange at https://www.nseindia.com and https://www.bseindia.com

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For and on Behalf of Board of Directors of
InfoBeans Technologies Limited
Avinash Digitally signed by Avinash Sethi
Sethi Date: 2025.01.28 09:36:35 +05'30'
Avinash Sethi
Place : Indore Director & Chief Financial Officer
Dated: 28 January 2025 DIN : 01548292
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Ground Floor, Tower – C Unit 1 Panchshil Tech Park One, Loop Road, Near Don Bosco School, Yerwada Pune – 411 006, India Tel: +91 20 6603 6000

Chartered Accountants

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Independent Auditor’s Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended

Review Report to The Board of Directors Infobeans Technologies Limited

1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of Infobeans Technologies Limited (the “Holding Company”) and its subsidiaries (the Holding Company and its subsidiaries together referred to as “the Group”), for the quarter ended December 31, 2024 and year to date from April 01, 2024 to December 31, 2024 (the “Statement”) attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulations”).

2. The Holding Company’s Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) “Interim Financial Reporting” prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Holding Company’s Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review.

3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the Master Circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable.

1. The Statement includes the results of the following entities:

Infobeans Cloudtech Limited Infobeans INC Infobeans Technologies DMCC Infobeans Technologies LLC Infobeans Technologies Europe GmbH

S R B C & CO LLP, a Limited Liability Partnership with LLP Identity No. AAB-4318 Regd. Office: 22, Camac Street, Block ‘B’, 3rd Floor, Kolkata-700 016

Chartered Accountants

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1. Based on our review conducted ssand procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in the aforesaid Indian Accounting Standards (‘Ind AS’) specified under Section 133 of the Companies Act, 2013, as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For S R B C & CO LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003

Digitally signed by Mustafa M Mustafa M Saleem DN: cn=Mustafa M Saleem, c=IN, o=Personal, Saleem email=mustafa.saleem@srb.inDate: 2025.01.28 10:19:11 +05'30'

per Mustafa Saleem Partner Membership No.: 136969 UDIN: 25136969BMNSVN8572 Pune January 28, 2025

INFOBEA CIN - L7 Registered O�ce -Crystal IT Park, Website : www.infobeans.com, Email : investo Statement of unaudited consolidated financial r	NS TECHNOLOGIES LIMITED 2200MP2011PLC025622 STP-I 2nd Floor, Ring Road, Indore MP 452001 IN r.relations@infobeans.com, Contact No. : 0731 - 7162000, 2102 esults for the quarter and nine monhts ended 31 December 2024
	(� In Lakhs except per share data)
Particulars	Quarter ended			Nine months ended		Year ended
	**31 December 2024 **	**30 September 2024 **	**31 December 2023 **	**31 December 2024 **	31 December 2023	31 March 2024
	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Unaudited)	(Audited)
Income I Revenue from operations II Other income III Total income (I+II) Expenses a) Employee benefits expense b) Finance costs c) Depreciation and amortisation expense d) Other expenses e) IV Total expenses V Profit before tax(III-IV) VI Tax expense Current tax Short/(excess) provision in respect of earlier year Deferred tax Total tax expenses VII Profit for the period (V-VI) VIII Other comprehensive income/ (loss) Items that will not be reclassified to profit or loss in subsequent periods - Remeasurement of the defined benefit obligations - Income tax relating to above Items that will be reclassified to profit or loss in subsequent periods - Exchange differences in translating the financial statements of foreign operations IX Total other comprehensive income/ (loss) X Total comprehensive income for the period (VII + IX) XI Profit for the period attributable to - Owners of the Company - Non-controlling Interest XII Total other comprehensive income/ (loss) attributable to - Owners of the Company - Non-controlling Interest XIII Total comprehensive income attributable to - Owners of the Company - Non-controlling Interest XIV Paid-up equity share capital (Face value of the share is Rs.10 per share) XV XVI Earnings per share (of Rs 10/- each) (not annualised) (1) Basic (�) (2) Diluted (�) Reserves excluding revaluation reserves as per the balance sheet Impairment of Goodwill and Intangibles (net)	9,633 331	9,827 430	8,910 501	29,156 1,068	27,158 1,207	36,852 1,523
	9,964	10,257	9,411	30,224	28,365	38,375
	6,831 65 663 1,367 -	6,699 69 669 1,219 -	6,519 143 751 1,314 -	20,384 199 2,002 3,865 -	20,133 436 2,267 3,626 -	26,954 576 2,939 4,754 61
	8,926	8,656	8,727	26,450	26,462	35,284
	1,038	1,601	684	3,774	1,903	3,091
	382 9 (59)	444 2 (111)	267 0* (139)	1,179 11 (163)	958 8 (386)	1,240 8 (404)
	332	335	128	1,027	580	844
	706	1,266	556	2,747	1,323	2,247
	(108) 32 94	(46) 13 35	(33) 10 4	(185) 54 126	(146) 43 34	(103) 30 52
	18	2	(19)	(5)	(69)	(21)
	724	1,268	537	2,742	1,254	2,226
	706 - 18 - 724 - 2,436.88 2.90 2.88	1,266 - 2 - 1,268 - 2,436.88 5.20 5.17	556 - (19) - 537 - 2,429.84 2.29 2.28	2,747 - (5) - 2,742 - 2,436.88 11.28 11.22	1,323 - (69) - 1,254 - 2,429.84 5.45 5.41	2,247 - (21) - 2,226 - 2,429.84 27,149 9.25 9.18

• amount below � 1 Lakh

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INFOBEANS TECHNOLOGIES LIMITED CIN - L72200MP2011PLC025622

Registered O � ce -Crystal IT Park, STP-I 2nd Floor, Ring Road, Indore MP 452001 IN Website : www.infobeans.com, Email : investor.relations@infobeans.com, Contact No. : 0731 - 7162000, 2102 Notes to Unaudited Consolidated Results:

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1 The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on 28 January 2025 and were subjected to limited review by the Statutory Auditors.
2 The Group operates in one segment i.e. Information Technology services. Accordingly, no separate segment disclosures as required under "Ind AS-108 : Operating Segments" have been presented.
3 The Code on Social Security, 2020 (‘Code’) relating to employee benefits during employment and post-employment benefits received Presidential assent in September 2020. The Code has been published in the
Gazette of India. Certain sections of the Code came into effect on 03 May 2023. However, the final rules/interpretation have not yet been issued. Based on a preliminary assessment, the Group believes the
impact of the change will not be significant.
4 The above consolidated results are available on the Company's website - https://www.infobeans.com/investors and on the stock exchange at https://www.nseindia.com and https://www.bseindia.com
For and on Behalf of Board of Directors of
InfoBeans Technologies Limited
Avinash Digitally signed by Avinash Sethi
Sethi Date: 2025.01.28 09:36:06 +05'30'
Avinash Sethi
Place : Indore Director & Chief Financial Officer
Dated: 28 January 2025 DIN : 01548292
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