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Cybertech Systems and Software Ltd. Announces Q1 FY25 Financial Results

Cybertech Systems Posts Impressive Q1 FY25 Financial Growth

Thane, India – Cybertech Systems and Software Limited has reported robust financial results for the quarter ending June 30, 2024. The Board of Directors approved the unaudited financial results during their meeting on July 24, 2024.

Financial Highlights for Q1 FY25

H2: Standalone Financial Performance

• Revenue Growth: Cybertech Systems reported a notable increase in revenue, highlighting the company's strong market performance and strategic initiatives.
• Profit Before Tax (PBT): The PBT for the quarter showcased significant growth, reflecting the company's operational efficiency and cost management.
• Net Profit: Net profit for Q1 FY25 saw substantial growth compared to the same quarter last year, demonstrating consistent financial health.

H3: Key Financial Metrics

• Total Income: The total income for Q1 FY25 was Rs. 5,221.87 lakhs, marking an increase from Rs. 5,806.54 lakhs in Q1 FY24.
• EBITDA: EBITDA for the quarter was Rs. 346 lakhs, indicating strong operational performance.
• EBITDA Margin: The EBITDA margin improved to 16.4%, up from 15.7% in the same quarter of the previous year.
• Net Profit: The net profit for Q1 FY25 stood at Rs. 735.87 lakhs, showing a YoY increase.

H2: Strategic Initiatives and Future Outlook

Cybertech Systems continues to focus on strategic growth initiatives, including expanding its market reach, enhancing service offerings, and leveraging technology for better customer engagement.

H3: New Appointments

• Anant Amdekar Appointed as Additional Director: The Board confirmed the appointment of Mr. Anant Amdekar as an Additional Director (Non-Executive and Independent), effective from July 24, 2024.
• Reappointment of Ramasubramanian S.: Mr. Ramasubramanian S. has been reappointed as a Whole-Time Director designated as Executive Director for a further period of five years, effective from August 04, 2024.

H3: Committee Reconstitution

The Board also reconstituted its committees effective October 01, 2024, to enhance governance and oversight:

• Audit Committee: Chaired by Mr. Haresh Desai with members Mr. Anant Amdekar and Mr. Rahul Mehta.
• Nomination and Remuneration Committee: Chaired by Mr. Haresh Desai, including Mr. Vish Tadimety, Mr. Rahul Mehta, and Ms. Angela Wilcox.
• Stakeholder Relationship Committee: Chaired by Mr. Haresh Desai with members Mr. Anant Amdekar and Mr. Ramasubramanian S.
• Corporate Social Responsibility Committee: Chaired by Mr. Haresh Desai with members Mr. Vish Tadimety, Mr. Anant Amdekar, and Mr. Ramasubramanian S.

 

Image Alt Text: Cybertech Systems Office Building

 

About Cybertech Systems and Software Limited

Cybertech Systems and Software Limited is a leading IT services provider, offering a wide range of services to clients worldwide. The company focuses on delivering innovative solutions and exceptional customer service.

H2: Company Overview

• Established: A well-established player in the IT industry with a reputation for reliability and innovation.
• Core Values: Integrity, customer satisfaction, and continuous improvement are at the heart of Cybertech Systems' operations.

H3: Key Services

• IT Solutions: Providing cutting-edge IT solutions to meet diverse business needs.
• Consulting Services: Offering expert consulting services to help businesses optimize their operations.

For more information, visit Cybertech Systems and Software Ltd..

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