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26-Jan-2024

CMS Info Systems

Sales up 19%, net up 15%


'Consolidated net sales (including other operating income) of CMS Info Systems for the quarter ended Dec 2023 has increased 19.25% to Rs 582.3 crore.  Sales of Cash management services segment has gone up 10.85% to Rs 374.99 crore (accounting for 61.72% of total sales).  Sales of Managed services segment has gone up 35.88% to Rs 212.59 crore (accounting for 34.99% of total sales).  Sales of Cards segment rose 61.65% to Rs 19.97 crore (accounting for 3.29% of total sales).  Inter-segment sales rose Rs 18.79 crore to Rs 25.25 crore.  

Profit before interest, tax and other unallocable items (PBIT) has jumped 17.65% to Rs 138.64 crore.  PBIT of Cash management services segment rose 14.24% to Rs 97.58 crore (accounting for 70.38% of total PBIT).  PBIT of Managed services segment rose 19.89% to Rs 37.59 crore (accounting for 27.11% of total PBIT).  PBIT of Cards segment rose 221.57% to Rs 3.47 crore (accountin...



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