iifl-logo-icon 1

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

SIS skid after after recording PAT of Rs 67 crore in Q2 FY23

3 Nov 2022 , 12:31 PM

Profit before tax stood at Rs 59.38 crore in Q2 FY23, declining 25.4% from Rs 79.59 crore recorded in the corresponding quarter previous year. The companys total expenses jumped 15.24% year on year to Rs 2,718.54 crore in quarter ended 30 September 2022. Cost of materials consumed was at Rs 14.59 crore (up 49.95% YoY) and employee expenses stood at Rs 2,278 crore (up 19.48% YoY). EBIDTA dropped 10.8% to Rs 109.8 crore in Q2 FY23 as against Rs 123.1 crore in Q2 FY22. EBIDTA margin decreased to 4% in Q2 FY23 as compared to 5.1% reported in the same period a year ago. The companys revenue from India Security Solution business stood at Rs 1,149.12 crore (up 21.56% YoY), revenue from International Security Solutions was at Rs 1,161.32 crore (up 0.43% YoY) and revenue from Facilities management business stood at Rs 472.38 crore (up 40.45% YoY) in Q2 FY23. The Cash Logistics segment continues its strong revenue growth with a revenue growth of 41.5% over Q2 FY22 driven by new wins in door-step banking and cash processing outsourcing business. Commenting on the performance, Rituraj Kishore Sinha, group managing director said, ?On the completion of 5 years since being listed, which included two difficult years impacted by the COVID-19 pandemic, we look back with a quiet sense of satisfaction of having built a highly stable and predictable business, resilient to economic variations, derisked from a geography and industry perspective, which consistently delivered revenue and business growth every year and continued distributions to shareholders in the form of dividends and buybacks every year.? SIS is engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, housekeeping and pest control management services in the areas of facility management. Powered by Capital Market - Live News

Related Tags

  • capital market
sidebar mobile


Read More
Knowledge Centerplus

Logo IIFL Customer Care Number
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

Knowledge Centerplus

Follow us on


2024, IIFL Securities Ltd. All Rights Reserved

  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.