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CMS Info Systems Ltd Q2FY24; 20% rise in Profits

CMS Info Systems Limited is India’s largest cash management company in terms of the number of ATM points and retail pick-up points as of March 31, 2021. The company is engaged in installing, maintaining, and managing assets and technology solutions on an end-to-end outsourced basis for banks, financial institutions, organized retail and e-commerce companies in India.

Financial Results:

CMS Info Systems Ltd reported Revenues for Q2FY24 of ₹487.00 Crores up from ₹417.00 Crore year on year, a rise of 16.79%.

Total Expenses for Q2FY24 of ₹397.00 Crores up from ₹339.00 Crores year on year, a rise of 17.11%.

Consolidated Net Profit of ₹71.00 Crores up 20.34% from ₹59.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.55, up 17.88% from ₹3.86 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: ATM
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