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R Systems International Limited - 532735 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Transcript of Investors/ Analysts call held on November 08, 2023
15-11-2023
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R Systems International Limited - 532735 - Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Advertisment- Financial Results for the quarter and nine months ended on September 30, 2023
09-11-2023
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Q3CY23 Quarterly Result Announced for R Systems International Ltd.

IT Consulting & Software company R Systems International announced Q3CY23 results: Revenue Rs 4,573 million (USD 55.3 million); YoY Growth of 14.8% (10% net of one-time fee). Continue to add new logos with traction in large deal wins. Velotio acquisition has been growth and margins accretive. Integration of Velotio is going on track which will enable growth through cross-sell and up-sell. EBITDA of Rs 859 million (USD 10.4 million) i.e.18.8% margin (15.2% margin net of one-time fee) as against 14.5% for Q3CY22; YoY increase of 48.4%. Net profit after taxes Rs 440 million (USD 5.3 million) Nitesh Bansal, Managing Director, and CEO stated, “We concluded an exciting quarter with large deal wins, good new logo acquisitions and robust performance from our recent acquisition of Velotio. The market continues to be challenging with continued headwinds but our strategic realignment of go to market on industry lines has helped us understand these challenges better.” He added, “We are deepening our engagement with customers for their immediate priorities and how they are navigating the current macro-economic environment. Most customers indicate a need to optimising their cost of software product development, accelerate adoption and increase revenues leveraging digital technologies like Generative AI, cloud, automation, and analytics.” Nand Sardana, CFO said, “R Systems reported an EBITDA margin of 18.8% (15.2% net of one-time fee) in Q3CY23 through efficient operations as against 14.5% last year.” He added, “We are continuing our investment in niche technologies and expanding vertical, and technology-focused sales and marketing spending to fuel future growth.” Result PDF
08-11-2023
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R Systems International Limited - 532735 - Announcement under Regulation 30 (LODR)-Investor Presentation

Please find enclsoed presentation made to Analyst/Investors on November 08, 2023 on the financial results for the quarter and nine months ended on September 30, 2023.
08-11-2023
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R Systems International Limited - 532735 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

Press Release on the quarter and nine months ended September 30, 2023 is enclsoed
07-11-2023
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R Systems International Limited - 532735 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

In continuation with our letter refer no. SECT/11/2023/02 dated November 03, 2023, we wish to inform you that the Investors/ Analysts call of R Systems International Limited ('the Company') will be held on Wednesday, November 08, 2023 at 10:00 A.M. (IST) to discuss the financial results of the Company for the quarter ended on September 30, 2023.
03-11-2023
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