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In the corresponding quarter of the previous fiscal, CMS Info Systems posted a net profit of ₹87 crore, the company said in a regulatory filing. The company’s revenue from operations dipped 0.2% to ₹581.4 crore as against ₹582.3 crore in the corresponding period of the preceding fiscal.
At the operating level, EBITDA grows 5.7% to ₹159.3 crore in the third quarter of this fiscal over ₹150.7 crore in the corresponding period in the previous fiscal.
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The board of directors has declared an interim dividend of ₹3.25 per equity share of face value of ₹10 each fully paid up (representing 32.50%), and the said interim dividend will be paid on or before March 7, 2025. Also, the board of directors has fixed Tuesday, February 11, 2025, as the “Record Date” for the purpose of payment of the interim dividend.CMS Info Systems has reported growth in its core business, strengthening its market share to 42%, reflecting a year-to-date gain of over 150 basis points. The company also achieved a 10% increase in business points, reaching 146,000 in Q3 of FY25.
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Maintaining strong momentum in new orders, CMS Info Systems secured ₹300 crore worth of new contracts in Q3, contributing to a total of ₹700 crore in year-to-date wins. Furthermore, the company has expanded its AIoT RMS business beyond the BFSI sector, securing a mandate with a prominent quick commerce brand for AI-led surveillance of dark stores and warehouses.
Rajiv Kaul, Executive Vice Chairman, WTD and CEO, said, “FY25 is a consolidation year on the back of strong 20%+ revenue CAGR between FY21-FY24. In the first nine months of this year, we achieved 10.3% revenue growth and 7.5% PAT growth. We are gaining market share, maintaining world-class margins and increasing share of recurring revenue streams.”
The results came after the close of the market hours. Shares of CMS Info Systems Ltd ended at ₹466.40, down by ₹0.20 or 0.043% on the BSE.
