InfoBeans Technologies Q2 PAT Up 16% To ₹26.3 Crore

InfoBeans Technologies has reported a 16% year-on-year increase in profit after tax (PAT) for the second quarter to ₹26.3 crore. The company's revenue for the quarter rose by 28% year-on-year to ₹165.8 crore.

For the first half of the fiscal year, InfoBeans Technologies reported a 22% increase in PAT year-on-year to ₹47.9 crore. Revenue for the half-year period grew by 30% year-on-year to ₹322.6 crore.

The company's EBITDA for the second quarter increased by 14% year-on-year to ₹40.5 crore. For the first half of the fiscal year, EBITDA grew by 18% year-on-year to ₹75.9 crore.

InfoBeans Technologies also achieved Select Partner status in the Claude Partner Network Services Track and received the EcoVadis Bronze Medal for sustainability performance. The company onboarded three new clients and added 43 new team members during the reporting period.

Co-founder Avinash Sethi stated that the company maintains its focus on cost optimisation and operational excellence.