Datamatics announced Q2 FY2019 results
Deepthi | Myequity news | Date : 12-11-2018 17:20:00 IST
Datamatics Global Services Ltd. (DGSL), a global IT & BPM company announced the financial results for the second quarter and six months ended on September 30, 2018.
Consolidated Financial Highlights – Q2 FY2019 About Datamatics Global Services Limited
∙Revenue at INR 2,799.04 million; up 20.6% y-o-y, up 7.3% q-o-q
∙EBITDA at INR 313.28 million; up 63.9% y-o-y, down by 1.19% q-o-q
∙PBT at INR 326.4 million, up 27% y-o-y, up 19.5% q-o-q
∙PAT at INR 235.76 million; up 8.7% y-o-y, up 9.1% q-o-q
Consolidated Financial Highlights – H1 FY2019
∙Revenue at INR 5,407.07 million; up 22.7% y-o-y
∙EBITDA at INR 630.24 million; up 65.1% y-o-y
∙PBT at INR 599.6 million, up 31.4%
∙PAT at INR 451.82 million; up 19.6% y-o-y
Commenting on the Q2 financial performance, Rahul Kanodia, Vice Chairman and CEO, Datamatics said, “Datamatics witnessed steady growth during the quarter with consistent increase in revenue and profit. Our EBITDA for this quarter has grown by 64% y-o-y due to healthy business growth, acquisitions and forex gains.”
Datamatics provides Intelligent Solutions for data driven businesses to increase productivity and enhance customer experience. The company’s portfolio of service offerings spans across Information Technology Services, Business Process Management, Engineering Services and Big Data & Analytics all powered by Artificial Intelligence. It has established products in Robotics Process Automation, Advanced Analytics, Business Intelligence and Automated Fare Collection. Datamatics services over 450 customers globally across Banking & Financial Services, Insurance, Healthcare, Manufacturing, International Organizations and Media & Publishing. Headquartered in Mumbai, the Company has presence across 6 countries with major delivery centers in the USA, India and Philippines with an employee base of 10,000.