{"id":156151,"date":"2023-11-13T06:44:11","date_gmt":"2023-11-13T11:44:11","guid":{"rendered":"https:\/\/44.250.171.167\/?p=156151"},"modified":"2023-11-13T06:44:12","modified_gmt":"2023-11-13T11:44:12","slug":"infobeans-technologies-ltd-q2fy24-59-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/infobeans-technologies-ltd-q2fy24-59-fall-in-profits\/","title":{"rendered":"InfoBeans Technologies Ltd Q2FY24; 59% 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>Financial Results:<\/p>\n<ul>\n<li>InfoBeans Technologies Ltd reported Revenues for Q2FY24 of \u20b990.88 Crores down from \u20b999.46 Crore year on year, a fall of 8.63%.<\/li>\n<li>Total Expenses for Q2FY24 of \u20b988.84 Crores up from \u20b988.33 Crores year on year, a rise of 0.58%.<\/li>\n<li>Consolidated Net Profit of \u20b94.21 Crores down 58.85% from \u20b910.23 Crores in the same quarter of the previous year.<\/li>\n<li>The Earnings per Share is \u20b91.73, down 59.00% from \u20b94.22 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\/11\/image-165-839x1024.png\" alt=\"\" class=\"wp-image-156152\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-165.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/ASAI-Product-2-3.gif\" alt=\"\" class=\"wp-image-156020\" width=\"435\" height=\"161\"\/><\/figure><\/div>\n","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 Q2FY24 of \u20b990.88 Crores down from \u20b999.46 Crore year on year, a fall of 8.63%. 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":[8986],"class_list":["post-156151","post","type-post","status-publish","format-standard","hentry","category-infographics","category-earnings","tag-information-technology"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150569,"url":"https:\/\/alphastreet.com\/india\/infobeans-technologies-ltd-q1fy24-70-fall-in-profits\/","url_meta":{"origin":156151,"position":0},"title":"InfoBeans Technologies Ltd Q1FY24; 70% fall in Profits","author":"Hardik Bhandare","date":"July 31, 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 Q1FY24 of \u20b991.60 Crores down from \u20b996.20 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\/07\/image-426.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-426.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156918,"url":"https:\/\/alphastreet.com\/india\/axiscades-technologies-ltd-q2fy24-48-fall-in-profits\/","url_meta":{"origin":156151,"position":1},"title":"AXISCADES Technologies Ltd Q2FY24; 48% fall in Profits","author":"Divyansh_Kasana","date":"November 30, 2023","format":false,"excerpt":"Axiscades Technologies Limited is a technology solutions company focussing on engineering solutions and services. Financial Results: AXISCADES Technologies Ltd reported Revenues for Q2FY24 of \u20b9252.00 Crores up from \u20b9196.00 Crore year on year, a rise of 28.57%. Total Expenses for Q2FY24 of \u20b9237.00 Crores up from \u20b9171.00 Crores year on\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-403.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-403.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-403.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-403.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-403.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-403.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155139,"url":"https:\/\/alphastreet.com\/india\/sasken-technologies-ltd-q2fy24-50-fall-in-profits\/","url_meta":{"origin":156151,"position":2},"title":"Sasken Technologies Ltd Q2FY24; 50% fall in Profits","author":"Chirag Gupta","date":"October 20, 2023","format":false,"excerpt":"Established in 1989, Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc.Located in India, the company has presence all over the world Financial Results: Sasken Technologies Ltd reported\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\/10\/image-72.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-72.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156746,"url":"https:\/\/alphastreet.com\/india\/sterlite-technologies-ltd-q2fy24-20-fall-in-profits\/","url_meta":{"origin":156151,"position":3},"title":"Sterlite Technologies Ltd Q2FY24; 20% fall in Profits","author":"Chirag Gupta","date":"November 28, 2023","format":false,"excerpt":"Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical\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-348.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-348.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":154992,"url":"https:\/\/alphastreet.com\/india\/zensar-technologies-ltd-q2fy24-205-rise-in-profits\/","url_meta":{"origin":156151,"position":4},"title":"Zensar Technologies Ltd Q2FY24; 205% rise in Profits","author":"Chirag Gupta","date":"October 17, 2023","format":false,"excerpt":"Zensar Technologies is a leading digital solutions and technology services company. It is a part of the Mumbai-based RPG group and is headquartered in Pune, India. It operates in two segments: Application Management Service and Infrastructure management service. It is focused on industry verticals, such as Hitech & manufacturing, consumer\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\/10\/image-34.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-34.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-34.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-34.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-34.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/10\/image-34.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":157474,"url":"https:\/\/alphastreet.com\/india\/advanced-enzyme-technologies-ltd-q2fy24-35-rise-in-profits\/","url_meta":{"origin":156151,"position":5},"title":"Advanced Enzyme Technologies Ltd Q2FY24; 35% rise in Profits","author":"Divyansh_Kasana","date":"December 20, 2023","format":false,"excerpt":"Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. Financial Results: Advanced Enzyme Technologies Ltd reported Revenues for Q2FY24 of \u20b9158.00 Crores up from \u20b9139.00 Crore year on year, a rise of 13.67%. Total Expenses for Q2FY24 of \u20b9117.00 Crores up from \u20b9109.00 Crores\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\/12\/image-149.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-149.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-149.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-149.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-149.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-149.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1917"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=156151"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/156151\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=156151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=156151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=156151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}