Helios and Matheson Q3 net profit at Rs164.6 mn

Revenue stood at Rs 2069.4 mn

Aug 14, 2014 12:08 IST India Infoline News Service

Helios and Matheson Information Technology Limited, leading system integrator focused on banking financial services and healthcare verticals reported its consolidated financial results for second quarter ended June 30, 2014.
 
Highlights for the Quarter ended June 30th, 2014 (Consolidated)
 
Key financial highlights

 
 
In USD terms

 
Revenue at $ 34.6 million (growth of 4.7 % q-o-q / 14.9% y-o-y)
EBITDA at $ 7.9 million (growth of 4.7 % q-o-q / 16.2% y-o-y)
Net profit at $ 2.8 million (growth of 3.8 % q-o-q / 19.5% y-o-y)
 
 
In Rupee terms

 
Revenue at Rs 2069.4 mn (growth of 1.2 % q-o-q / 21.5% y-o-y)
EBITDA at Rs474.8 mn (growth of 1.3 % q-o-q / 22.9% y-o-y)
Net profit at Rs164.6 mn (growth of  0.4 % q-o-q / 26.3% y-o-y)
 
Customers
77 active customers as of June 30, 2014
1 New client added for the quarter
1 customer moved to above $ 10 million in Q1 FY14

Above $ 5 million customers at 5
Top 10 clients contributed 48.2% of revenue in Q3 FY’14
The group derived 94.1% of its total business from repeat clients, as a result of its long-standing client relationships and adept client retention strategies
 
Employees
3857 employees as of June 30, 2014
Added 178 employees during the quarter on a gross basis
attrition at 11.91%
 

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