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R Systems International Ltd Q1FY24; 56% fall in Profits

R Systems is a leading provider of technology, artificial intelligence, analytics and knowledge services. It partners with customers to enable or elevate their digital transformation with diversified digital offerings including product engineering, cloud enablement, quality assurance testing and digital platforms and solutions.

Financial Results:

R Systems International Ltd reported Revenues for Q1FY24 of ₹407.00 Crores up from ₹375.00 Crore year on year, a rise of 8.53%.

Total Expenses for Q1FY24 of ₹366.00 Crores up from ₹338.00 Crores year on year, a rise of 8.28%.

Consolidated Net Profit of ₹14.00 Crores down 56.25% from ₹32.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.22, down 54.65% from ₹2.69 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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