News / Infinite revenue grows 37% YoY
Nov 13, 2013

Kolkata, Nov 13 (IBNS) Infinite Computer Solutions (India) Ltd. (NSE Symbol: INFINITE / BSE Scrip Code: 533154), a global Information Technology service provider, on Wednesday announced its results for the second quarter FY 2013-14, as approved by its Board of Directors.

Commenting on the results, Upinder Zutshi, Managing Director and CEO, Infinite said, “I am delighted to announce another quarter of good results in line with our annual guidance of around 14% revenue growth. Our relentless focus and investment in growth continues to show in our business results.”


Q2 Highlights:

Consolidated INR results for the Quarter Ended September 30, 2013:

Revenue – INR 476.9 Crore; YoY growth of 37% | QoQ revenue growth 18.5%

EBITDA – INR 53.3 Crore; EBITDA QoQ growth of 27.6%

PAT – INR 26.2 Crore; QoQ growth of 6.8%

EPS for the quarter – INR 6.3

Consolidated USD results for the Quarter Ended September 30, 2013:

Revenue – USD 77 Million; YoY growth of 22% | QoQ growth of 6.8%

EBITDA – USD 8.6 Million; QoQ growth of 15%

PAT – USD 4.22 Million; QoQ decline of 3.86%

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