Compuage Infocom posts 18% yoy growth in operating profit during Q2FY22

Total Income at Rs1,126.1cr, up by 3.3% on yoy basis.

November 16, 2021 1:31 IST India Infoline News Service

Compuage Infocom Limited has announced its unaudited Standalone and Consolidated results for the quarter & half year ended September 30, 2021.

Q2FY22 Consolidated Financial Highlights:
  • Total Income at Rs1,126.1cr, up by 3.3% on yoy basis
  • EBITDA at Rs29.9cr, up by 18.1% on yoy basis
  • EBITDA Margin at 2.7%, expands by 40 bps on yoy basis
Commenting on the performance, Atul Mehta, Chairman & Managing Director, said, “Q2FY22 witnessed strong all-round recovery as lockdown restrictions were eased as compared to the previous quarter. We also witnessed strong growth in profitability as compared to the revenue on year on year as well as sequentially on account of better product mix and operating leverage playing out.

We continue to work on adding newer brand partners especially in the high growth and more profitable categories to enhance our overall profitability and ensure efficient utilization of our capital. With economy now on strong recovery mode post the second wave of covid-19, we are very confident to continue on the positive growth trajectory going ahead.”

At around 1:32 PM, Compuage Infocom was trading at Rs25.15 apiece up by Rs0.1 or 0.4% on the BSE.

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