PUNE: IT services provider reported a profit of Rs 11 crore for the quarter ended June 30, up 39.5% over the corresponding quarter last year. Revenues were up 9.6% at Rs 55.22 crore. Earnings before interest, tax, depreciation and amortisation (Ebitda) increased by 12.9% to Rs 16 crore from Rs 14 crore.
The company also announced the signing of a non-binding term sheet with a Salesforce implementation partner company to acquire 100% equity stake. InfoBeans added six new clients during the quarter.
Set up in 2000, the company has over 1,000 employees and works primarily on digital transformation and product engineering projects.
The company also announced the signing of a non-binding term sheet with a Salesforce implementation partner company to acquire 100% equity stake. InfoBeans added six new clients during the quarter.
Set up in 2000, the company has over 1,000 employees and works primarily on digital transformation and product engineering projects.
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