Categories Earnings
Earnings | Computer Age Management Services Limited (NSE: CAMS): Q4FY23 Results Out; Total Income rises 4% YoY.
Computer Age Management Services Limited (CAMS) is a leading technology-enabled service provider for the mutual fund industry in India. The company offers a range of services, including transaction processing, investor servicing, and compliance solutions to mutual funds and other financial institutions. CAMS has a pan-India presence with over 278 locations and services more than 70% of the mutual fund industry’s assets under management. The company’s technological infrastructure and digitization efforts have helped it maintain its market leadership position. Additionally, CAMS has recently expanded its product portfolio to include other financial products like AIFs, insurance, and pension funds.
• Computer Age Management Services Limited reported Total Income for Q4 FY23 of ₹257 Crore up from ₹247 Crore year on year, a growth of 4%.
• Total Expenses for Q4 FY23 of ₹158 Crore up from ₹148 Crore year on year, a growth of 7%.
• Consolidated Net Loss of ₹74 Crore, up 1% from ₹73 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹15.23, up 1% from ₹15.10 in the same quarter of the previous year.
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