Went through the transcipt of Q1FY25.
Avinash (co-founder) is hopeful as ever.
Key Highlight: They have got Paneesh Murthy on board as an advisor who worked with and helped many IT companies go to the next level.
It has been more than a year of wait – for InfoBean to return to the 20-30% growth trajectory.
It has been disappointing as an investor but the co-founders seem genuine and that makes me root for their success. I hope they are able to come out of the stagnation soon.
What also bothers me is why should a company sacrifice margins to make sales – I understand the ‘strategy’ but shouldn’t quality have a value associated to it? Why wouldn’t customers pay up if quality products and services are provided? Why kill the bottomline to sustain topline… and Avinash refuses to comment on when the tides will turn.
Invested. Heavily biased.
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