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Cybertech Systems & Software Ltd Q1FY24; 4% fall in Profits.

Cybertech Systems and Software Ltd provides IT services to customers primarily in USA and India with focus on next-generation geospatial, networking and enterprise It solutions. It offers services that span across all major industries including government, education, utilities, public safety & homeland defence, tech, telecom, retail, healthcare and manufacturing. It is focused on delivering its development and support projects on an offshore basis.

Financial Results:

Cybertech Systems & Software Ltd reported Revenues for Q1FY24 of ₹55.31 Crores up from ₹38.55 Crore year on year, a rise of 43.48%.

Total Expenses for Q1FY24 of ₹50.68 Crores up from ₹32.49 Crores year on year, a rise of 55.99%.

Consolidated Net Profit of ₹5.33 Crores down 3.79% from ₹5.54 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.87, down 4.10% from ₹1.95 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.

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