InfoBeans Technologies Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2022
April 27, 2022 at 08:30 am
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InfoBeans Technologies Limited reported earnings results for the fourth quarter ended March 31, 2022. For the fourth quarter, the company reported sales was INR 913.9 million compared to INR 469.1 million a year ago. Revenue was INR 947.4 million compared to INR 508.1 million a year ago. Net income was INR 174.8 million compared to INR 100.3 million a year ago. Basic earnings per share from continuing operations was INR 7.25 compared to INR 4.18 a year ago. Diluted earnings per share from continuing operations was INR 7.19 compared to INR 4.12 a year ago.
InfoBeans Technologies Limited is primarily engaged in software development service. The Company specializes in business applications for Web and mobile, and operate at capability maturity model integration (CMMI) level three. The Companyâs verticals are categorized as storage and virtualization, media and publishing and e-commerce, while the business segments include product engineering, digital transformation and automation and development and operations (DevOp). Its digital transformation solutions include cloud, user experience (UX), application modernization, packaged implementation, and enterprise mobility. Its product engineering solutions include robotic process automation (RPA), salesforce, ServiceNow, continuous integration and continuous delivery (CICD) and agile testing framework (ATF), content management system (CMS), automation, and data transformation. It serves markets, such as the United States of America, Middle East, Europe and India.