CMS Info Systems Limited has announced a robust financial performance for the first quarter of fiscal year 2025 (Q1 FY25), with a significant 17% year-on-year revenue growth. The company’s revenue for the quarter reached INR 599 crore, underlining its strong market position and operational excellence.

The announcement also highlights CMS Info Systems’ successful acquisition of two key mandates in its Technology Solutions segment, marking a pivotal moment in its growth trajectory.

CMS Info Systems Limited, a leader in business services and technology solutions, has reported a notable 17% increase in revenue for Q1 FY25, reaching INR 599 crore. This impressive growth reflects the company’s strategic expansion and effective management. The adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), after accounting for ESOP (Employee Stock Option Plan) expenses, was INR 164 crore, showing an 8% rise from the previous year. The adjusted profit after tax (PAT) also saw a 13% increase, reaching INR 99 crore, with a margin of 16.4%.

In terms of segment performance, the Cash Logistics business generated INR 387 crore in revenue, marking a 10% increase year-on-year, and recorded an EBIT (Earnings Before Interest and Taxes) of INR 99 crore, up by 5%. Meanwhile, the Managed Services & Technology Solutions segment achieved a remarkable 31% year-on-year revenue growth, amounting to INR 239 crore, and an EBIT of INR 41 crore, reflecting a 20% increase.

CMS Info Systems secured significant new contracts in Q1 FY25, including a substantial INR 200 crore order in its Managed Services & Technology Solutions business. Among the highlights is the acquisition of a large-scale ‘Build & Operate’ mandate for transforming bank branch surveillance. This project, spanning 2000 locations, will integrate a centralized command and control center with over ten advanced AI and machine learning modules. The initiative aims to enhance the bank’s surveillance capabilities, demonstrating CMS Info Systems’ commitment to leveraging cutting-edge technology.

Rajiv Kaul, Executive Vice Chairman, Whole Time Director, and CEO of CMS Info Systems, expressed satisfaction with the company’s performance despite the traditionally weaker quarter. He emphasized that the Managed Services & Technology Solutions sector’s growth exceeds 30% and is projected to surpass INR 1000 crore in revenue for FY25. Kaul is confident in achieving the company’s revenue guidance of INR 2600-2700 crore for the fiscal year, with an expected growth range of 15%-19%.

CMS Info Systems Limited (BSE: CMSINFO | 543441, NSE: CMSINFO) is a prominent business services provider in India, specializing in logistics and technology solutions for banks, financial institutions, organized retail, and e-commerce sectors.

The company’s offerings include ATM and retail cash management, banking automation, ATM-as-a-service, AIoT remote monitoring, software solutions, and card issuance.

CMS Info Systems’ impressive Q1 FY25 results highlight the company’s strong market presence and growth potential. The 17% revenue increase and significant contract wins demonstrate the company’s strategic focus on expanding its technology solutions and cash logistics services. The successful integration of advanced AI and machine learning modules into bank surveillance projects underscores CMS Info Systems’ commitment to innovation and technological advancement.

  AIoT surveillance, business performance, cash logistics, CMS Info Systems, managed services, Q1 FY25 financial results, Revenue Growth, Technology Solutions