CMS Info Systems Q2 profit rises 10% to ₹81 crore

Research Analyst: UJVIN NEVATIA (PROPRIETOR: NEVAT INVESTMENTS) | SEBI Registration No.: INH100009628 CMS Info Systems Limited ( CMSINFO ) reported a 10.3% year-on-year increase in consolidated net profit to ₹81 crore in Q2 FY27. Total income rose 6.6% to ₹660 crore. What happened? Services revenue: Increased 16.2% to ₹644 crore, marking the fourth consecutive quarter of record services revenue. EBITDA: Grew 24.8% to ₹173 crore. EBITDA margin: Expanded to 26.7% from 22.8% a year ago. Total expenses: Increased to ₹557 crore from ₹524 crore. Business-wise, Cash Logistics revenue grew 2% to ₹404 crore, while Managed Services and Technology Solutions revenue increased 19% to ₹321 crore. Technology and Payment Solutions contributed 20% of services revenue. Why does it matter? The company is gradually expanding beyond traditional cash logistics into technology-led services. Growth in managed services and technology solutions is helping diversify its revenue base. My view The improvement in EBITDA and margins is encouraging. Services revenue growing faster than total revenue indicates that the newer business segments are becoming increasingly important. However, the company needs to sustain this growth while improving profitability across all segments. What I am watching next I would track technology-led revenue contribution, managed services growth, cash logistics profitability and EBITDA margins. No Recommendations Source: NDTV Profit; Company press release Disclosure: I, my entity, associates or relatives do not have any holding, position or other material interest in CMS Info Systems Limited.