Source: Q2FY23 – INVESTMENT VALUATION UPDATE – Financial Odyssey
The company’s revenues from operations increased to 19050.74 Crs (24.62% YoY and 13.38% QoQ), its operating income increased to ₹495.29 Crs (25.22% YoY and 16.45% QoQ) meaning a 2.6% OPM, its net profits increased to 391.91 Crs (21.3% YoY and 20.09% QoQ) meaning a 2.05% NPM.
Similar to the standalone cash flows, the negative cash flows during H1FY23 were caused by substantial investment in working capital. The company’s ROCE and ROE for the quarter were 35% and 25% respectively and working capital days were 27 days (SISA – 21 days and ROW -32 days).
Revenue from the cloud business in Q2FY23 was ₹506 Crs and from the cloud-managed services was ₹21 Crs.
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