InfoBeans Technologies Limited
InfoBeans Technologies Ltd is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3.
What InfoBeans files
- Others45
- Investor Meet37
- Updates29
- Board Meeting21
- PPTs8
- Important6
Infobeans Technologies reported Q1 results with revenue up 36.6% YoY to 152.77 Cr. However, profit for the period saw a 7.3% decline to 21.62 Cr, with Basic EPS at Rs. 2.23.
InfoBeans' subsidiary, Ecoplex Infra, secured a 50-year lease for 3 acres to develop an IT Park. This strategic move provides long-term operational infrastructure, with space to be leased to IT/ITES firms, including InfoBeans Technologies Ltd.
InfoBeans Technologies secured 'Asia's Best Employer Brand Award' for the 9th time from World HRD Congress. This repeated recognition highlights InfoBeans' strong 'people first' culture and operational excellence, potentially boosting talent attraction and retention.
InfoBeans Technologies plans a buyback of up to 2.15 lakh shares at ₹464 each, totaling ₹10 Cr, representing about 3.7% of equity and reserves. Promoters will not participate. The buyback will be conducted through a tender offer, with details on the process forthcoming. This move indicates management’s confidence and could...
Consolidated financials for the quarter reveal total revenue from operations of ₹9,633 crore, reflecting a modest decline of 2% from the previous quarter (₹9,827 crore) while showing a 8% increase year-over-year from ₹8,910 crore. The overall revenue growth may be supported by increased demand for IT services and enhanced market...