Computer Age Management Services Q2 FY22 PAT up by 48% to Rs 72.5cr
Computer Age Management Services Ltd (CAMS) has reported a profit after tax (PAT) of INR 72.56 crores for the second quarter of the financial year (Q2 FY22), a year-on-year increase (YoY) of 48%.
The basic earnings per share (EPS) of the Chennai-based mutual fund transfer agency for Q2 FY22 were INR 14.86.
Computer Age Management Services Ltd earned a revenue of INR 227.6 crores, a 33% YoY growth.
For the first six months of the financial year FY22 that ended 30 September 2021, the company registered profit after tax of INR 135.8 crores, a 53% increase on YoY basis.
Revenue of the Indian registrar and transfer agent of mutual funds for the reported half year was INR 428.77 crores, a 34% YoY growth.
Anuj Kumar — Managing Director of Computer Age Management Services Ltd said: “It is heartening to share that the company was able to report yet another strong performance both on the operational excellence and financial results fronts. Retail investors’ confidence continues to be very positive, evident in the mega NFOs, strong net flows into equity assets, record high SIP registrations and inflows.
“All of these led to our transaction volumes touch historic highs during the quarter. The growth in AAuM was driven mainly by equity assets and we have retained our leadership position with a market share of nearly 70% based on the quarterly AAuM.”
Computer Age Management Services Ltd had started trading on the National Stock Exchange in May 2021.