Categories Earnings, Other Industries, Research Summary

SIS Limited Q3FY23 Earnings Story

To handle 5,00,000 locations and take the lead in the e-surveillance market, SIS Groups Enterprise has the biggest command centre in India. The company has consistently and deliberately increased its activities throughout the years. SIS Group Enterprises now operates in 28 states and Eight Union Territories, and it has established a presence in markets abroad including Singapore, Australia, and New Zealand.

One of the fastest growing providers of security, facility management, and cash logistics solutions in India as well as the Asia-Pacific region is a direct result of the company’s unwavering commitment on innovation to deliver sophisticated solutions to its clients.

Financial Results:

The third quarter ending in December 2022 saw a 3% rise in net profit of ₹ 103.4 crore.

The business, which specialises in cash logistics, facility management, and security, had a net profit of rupees 100.6 crore in the same quarter of 2021–22.

Their net profit increased 53.4% sequentially from Rs 67.4 crore reported in the quarter ended September 2022.

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