Compuage Infocom posts 21% yoy growth in EBITDA in FY22, PAT increases 29% yoy

18 May 2022 , 09:26 AM

Compuage Infocom Limited has announced its audited Standalone and Consolidated results for the quarter & year ended March 31, 2022.

Q4FY22 Consolidated Financial Highlights

• Total Income stood at Rs1,292.0 crore, up by 19% on yoy basis
• EBITDA at Rs36.1 crore, up by 10% on yoy basis
• PAT stood at Rs10.4 crore, up by 38% on yoy basis

FY22 Consolidated Financial Highlights

• Total Income stood at Rs4,224.0 crore, up by 13% on yoy basis
• EBITDA at Rs114.5 crore, up by 21% on yoy basis
• PAT stood at Rs26.7 crore, up by 29% on yoy basis
• Reduced total gross debt by Rs69 crore in FY22
• Announces final dividend of 10% on face value of Rs2 each

Commenting on the performance, Atul Mehta, Chairman & Managing Director, said, “I am very pleased to share that our company posted strong performance across revenue & profitability during FY22 inspite of witnessing persistent covid disruptions throughout the year across the country.

This robust performance was led by strong demand across our product offerings, marketing initiatives, new business development and cost optimization initiatives. This demand was also led by restarting of offices and while some of the demand continue to come from work from home segments. Our diversified product segments across IT consumer, IT Enterprises, Cloud & Hardware services with excellent service support gives a value proposition to our customers.

Going forward, our focus will continue to keep on adding new brands to our portfolio, penetrate newer regions to increase the scale of the business, improve the product mix & optimize the cost structure to drive the profitability and thus create value for all our stakeholders.”

On Wednesday morning trade, Compuage Infocom was trading at Rs29.40 apiece higher by 1.03% on the BSE.