Infobeans Technologies Ltd.

Infobeans Technologies has reported results for fourth quarter (Q4) and year ended March 31, 2023

The company has reported 12.03% rise in its net profit at Rs 7.82 crore for the quarter under review as compared to Rs 6.98 crore for the same quarter in the previous year. Total income of the company increased by 28.57% at Rs 63.32 crore for Q4FY23 as compared to Rs 49.25 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 70.41% fall in its net profit at Rs 4.74 crore for fourth quarter ended March 31, 2023 as compared to Rs 16.02 crore for the same quarter in the previous year. However, total income of the company increased by 2.20% at Rs 96.82 crore for Q4FY23 as compared to Rs 94.74 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 32.63% rise in its net profit at Rs 36.83 crore as compared to Rs 27.77 crore for the previous year. Total income of the company increased by 49.98% at Rs 248.35 crore for year under review as compared to Rs 165.59 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 34.59% fall in its net profit at Rs 35.96 crore as compared to Rs 54.98 crore for the previous year. Total income of the company increased by 38.02% at Rs 398.84 crore for year under review as compared to Rs 288.98 crore for year ended March 31, 2022.