InfoBeans total revenue grew by 40.6% YoY in Q3FY22

28 Jan 2022 , 09:49 AM

InfoBeans Technologies Limited (NSE:infobean), fast-growing Digital Transformation company, announced its audited financial results for the quarter ended December 2021.

Here are the major highlights of InfoBeans FY 2021-2022 Q3 results:

Key highlights of the last quarter

M&A update – in November 2021 InfoBeans acquired Pune based Eternus Solutions Pvt limited, a Salesforce implementation partner company.

Rising Revenue: The total revenue at INR 74 crores grew by 40.6% YoY from INR 53 crores reported in Dec, 2020. In comparison with last quarter revenue of 65 Crores it has increased by 14 %.

Increased EBITDA: The EBITDA increased by 22.1 % YoY from INR 19 Crores to INR 23 Crores and if compared with last quarter EBITDA of 17 Crores it has increased by 40.4 %.

PAT: Profit after tax increased by 18.7% YoY from INR 14 crores to INR 17 crores. In comparison with the last quarter PAT has increased by 45.6%.

Client wins: 12 new clients were added in the last quarter, including one fortune 500 client.