{"id":150569,"date":"2023-07-31T06:59:35","date_gmt":"2023-07-31T10:59:35","guid":{"rendered":"https:\/\/44.250.171.167\/?p=150569"},"modified":"2023-07-31T06:59:37","modified_gmt":"2023-07-31T10:59:37","slug":"infobeans-technologies-ltd-q1fy24-70-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/infobeans-technologies-ltd-q1fy24-70-fall-in-profits\/","title":{"rendered":"InfoBeans Technologies Ltd Q1FY24; 70% fall in Profits"},"content":{"rendered":"<p>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.<\/p>\n<p><strong>Financial Results:<\/strong><\/p>\n<ul>\n<li>InfoBeans Technologies Ltd reported Revenues for Q1FY24 of \u20b991.60 Crores down from \u20b996.20 Crore year on year, a fall of 4.78%.<\/li>\n<li>Total Expenses for Q1FY24 of \u20b988.51 Crores up from \u20b984.12 Crores year on year, a rise of 5.22%.<\/li>\n<li>Consolidated Net Profit of \u20b93.46 Crores down 70.25% from \u20b911.63 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.42, down 70.42% from \u20b94.80 in the same quarter of the previous year.<\/li>\n<\/ul>\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426-839x1024.png\" alt=\"\" class=\"wp-image-150570\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n<p>*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. <br \/>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>","protected":false},"excerpt":{"rendered":"<p>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 Q1FY24 of \u20b991.60 Crores down from \u20b996.20 Crore year on year, a fall of 4.78%. Total Expenses for [&hellip;]<\/p>\n","protected":false},"author":1917,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[9124],"class_list":["post-150569","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-software-technology-services"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":156151,"url":"https:\/\/alphastreet.com\/india\/infobeans-technologies-ltd-q2fy24-59-fall-in-profits\/","url_meta":{"origin":150569,"position":0},"title":"InfoBeans Technologies Ltd Q2FY24; 59% fall in Profits","author":"Hardik Bhandare","date":"November 13, 2023","format":false,"excerpt":"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 \u20b990.88 Crores down from \u20b999.46 Crore year on year, a fall\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150305,"url":"https:\/\/alphastreet.com\/india\/digispice-technologies-ltd-q1fy24-11-fall-in-revenue\/","url_meta":{"origin":150569,"position":1},"title":"DigiSpice Technologies Ltd Q1FY24; 11% fall in Revenue.","author":"Divyansh_Kasana","date":"July 28, 2023","format":false,"excerpt":"Founded in 2000, Digispice Technologies Limited (DTL) is primarily engaged in the Information and Communication Technology business providing Value Added Services, and Mobile Content services to the domestic \/International Telecom Operators and the development and sale of telecom-related software. In addition to this, DTL is the corporate agent of IRCTC\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-340.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-340.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-340.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-340.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-340.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-340.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154011,"url":"https:\/\/alphastreet.com\/india\/quick-heal-technologies-ltd-q1fy24-16-fall-in-revenue\/","url_meta":{"origin":150569,"position":2},"title":"Quick Heal Technologies Ltd Q1FY24; 16% fall in Revenue","author":"Karan_Singh","date":"August 15, 2023","format":false,"excerpt":"Quick Heal Technologies is engaged in the business of providing security software products. 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