'
CMS Info Systems hosted a
conference call on Jan 25, 2024. In the conference call the company was
represented by Rajiv
Kaul (CEO & Executive Vice Chairman); Pankaj Khandelwal (Chief Financial Officer); Manjunath Rao (President Managed Services) and
Anush Raghavan (President Cash Management Services).
Key takeaways of the call
Growth witnessed across both businesses.
Seeing benefits from both increased formalization and refresh cycle in the
banking sector.
New business wins in Managed
Services & Technology Solution business during Q3FY24 was Rs 600 crore and YTDFY24 was
RS 1250 crore. Total order book has grown to Rs 4400 crore. Its integrated platform is helping the company
to execute large order book.
Execution of orders bagged in YTD
FY24 will start by end of this fiscal and the contribution of it to top line
will be more in FY25-26.
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