Q4FY24 Quarterly & FY24 Annual Result Announced for CMS Info Systems Ltd.
Financial Services company CMS Info Systems announced consolidated Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue at Rs 627 crore, +25.1% YoY Adj. EBITDA at Rs 168.6 crore, +16.2% YoY Adj. PAT at Rs 99.4 crore, +23.3% YoY Adj PAT Margin at +15.9% FY24 Financial Highlights: Revenue at Rs 2,265 crore, +18.3% YoY Adj. EBITDA at Rs 641 crore, +16.4% YoY Adj. PAT at Rs 374.5 crore, +23.1% YoY Adj PAT Margin at +16.5% Commenting on the performance of the Company, Rajiv Kaul – Executive Vice Chairman, Whole Time Director and CEO, CMS Info Systems said, “This is our eighth consecutive quarter with 20%+ YoY earnings growth. Our Managed Services & Technology Solutions business segment now contributes 39% of our overall revenues. We are seeing strong growth in our Retail, AIoT Remote Monitoring Solution and Managed Services segments. We are reasonably confident of meeting the upper end of our FY25 revenue guidance of Rs 2500- 2700 crore.” Result PDF16-05-2024
