InfoBeans Technologies Ltd is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3.
Financial Results:
- InfoBeans Technologies Ltd reported Revenues for Q2FY24 of ₹90.88 Crores down from ₹99.46 Crore year on year, a fall of 8.63%.
- Total Expenses for Q2FY24 of ₹88.84 Crores up from ₹88.33 Crores year on year, a rise of 0.58%.
- Consolidated Net Profit of ₹4.21 Crores down 58.85% from ₹10.23 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.73, down 59.00% from ₹4.22 in the same quarter of the previous year.