CMS Info Systems reported a 3.6% quarter-on-quarter (QoQ) decline in consolidated net profit for the second quarter of FY27, despite recording modest growth in revenue and operating earnings.
The company's consolidated net profit stood at Rs 81 crore, compared with Rs 84 crore in the preceding quarter, reflecting a sequential decline of Rs 3 crore.
CMS Info Systems Q2 revenue rises 2.4% QoQ
CMS Info Systems reported consolidated revenue of Rs 650 crore, registering a 2.4% increase from Rs 635 crore in the first quarter of FY27.
Revenue increased by Rs 15 crore sequentially, indicating moderate growth in the company's quarterly business.
CMS Info Systems Q2 EBITDA increases 1.8% QoQ
The company's earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 1.8% to Rs 172 crore, compared with Rs 169 crore in the previous quarter.
However, EBITDA margin edged lower to 26.5% from 26.6%, representing a contraction of 10 basis points quarter-on-quarter.
The marginal decline in operating margin indicates that EBITDA growth was slightly slower than revenue growth during the quarter.
CMS Info Systems Q2 profitability
CMS Info Systems recorded an increase of Rs 3 crore in EBI...