Quarterly results. Infobeans Q4 net profit climbs 13.5%

BL Chennai Bureau Updated - May 12, 2023 at 10:15 PM.

Infobeans reports net income at ₹6,332 lakh, up 28%

Infobeans logo. Source: Twitter

Infobeans’s net profit rose to ₹782 lakh in the fourth quarter for the fiscal year ended on March 31, 2023, as against ₹698 lakh in the same period last year, up 12.03 per cent. The company’s total income for the period surged to ₹6,332 lakh in FY23 as compared to ₹4,925 lakh.

Also read: Results preview: Tata Motors to post mid-single-digit revenue growth in Q4 on higher volumes

Infobeans’s yearly net profit went up to ₹3,683 lakh in 2023 from ₹2,777 lakh in 2022. Total income grew about 50 per cent to ₹24,835 lakh.

Infobeans Technologies Limited, founded in 2000, is a publicly listed software development service. It specialises in business application development for web and mobile.

Published on May 12, 2023 10:30

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