Computer Age Management Services Limited (CAMS), a leading Registrar & Transfer Agent to Mutual Funds on Wednesday announced its financial results for the second quarter ended on September 30, 2020. The company’s consolidated revenues from operations for Q2FY21 stood at Rs171.14cr as compared to Rs173.83cr in Q2FY20 (Rs148.63cr in Q1FY21). Likewise, the total Income stood at Rs176.21cr in Q2FY21 as against Rs179.55cr in Q2FY20 (Rs162.76cr in Q1FY21).
The company’s profit after tax (PAT) reported stood Rs48.95cr for Q2FY21 as against Rs42.61cr in Q2FY20 (Rs39.80cr in Q1FY21). The company’s PAT margin stood at 27.78%.
Earnings per share (EPS) for the quarter ended Q2FY21 stood at Rs10.03.
The standalone revenues from operations for the second quarter ended September 30, 2020, stood at Rs161.94cr as compared to Rs164.20cr in Q2FY20 (Rs143.06cr in Q1FY21). Profit After Tax (PAT) reported stood Rs55.22cr for Q2FY21 as against Rs42.41cr in Q2FY20 (Rs36.26cr in Q1FY21). The Company’s PAT margin stood at 31.01%.
“Despite the volatility in the markets and pandemic situation, Company results for the quarter are quite satisfactory. MF AuM, with the exception of equity assets, has come back to pre-pandemic level and MF industry continues to attract new investors. Assets serviced by CAMS market is at ~ 70% of the industry AAuM. Company’s digital properties like myCAMS, GoCorp and edge360 have gained significant volume traction aiding the MF industry’s digital drive. UPI Autopay has been enabled for SIPs through CAMSPay,” Anuj Kumar, Whole Time Director & Chief Executive Officer, CAMS Limited, said.
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