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Infinite’s Revenue Grows 20.2 % Y-on-Y And 16.8% Q-on-Q

A great quarter as Infinite’s Revenue grows 20.2 % Y-on-Y and 16.8% Q-on-Q in Rupee Terms

Infinite Computer Solutions (India) Ltd. (NSE Symbol: InfiniteInfinite; BSE Scrip Code: 533154), provides technology based business process solutions, next-gen mobility solutions and product engineering services, today announced its results for the third quarter, FY 2015 – 16, as approved by its Board of Directors.

Key financial highlights of the Quarter                                         Consolidated INR results for the Quarter Ended December 31st, 2015:

  • Revenue     INR 584.7 Crore      YoY growth by 20.2 %| QoQ growth by 16.8 %

  • EBITDA       INR 61.2 Crore         YoY down by 16.8 %   | QoQ growth by 39.2 %

  • PAT             INR 38.2 Crore         YoY down by 21.2 %   | QoQ growth by 40.4 %

  • EPS for the Q3 FY 16 – INR 9.8

Consolidated USD results for the Quarter Ended December 31st, 2015:

  •  Revenue     USD 88.7 Million*   YoY growth by 13.0 % | QoQ growth by 15.0 %

  •  EBITDA       USD 9.3 Million*      YoY down by 21.7 %   | QoQ growth by 36.9 %

  •  PAT             USD 5.8 Million*      YoY down by 25.8 %   | QoQ growth by 38.2 %

Other Highlights

Clients / SOW Additions during Q3 FY16

22 new clients were added during this quarter, few of the SOW’s executed are:

  • Signed MSA with one of the world’s largest (multi-billion dollar) soft drink manufacturer for providing Embedded application

  • Signed multi-year MSA with a leading global information and communications technology R&D company to provide services in cutting edge technologies in NFV (Network function Virtualization) and SDN (Software Defined Networks)

  • Signed four multi-year MSAs with leading telecom companies in the US to provide QA and Analytics platforms

  • Signed two SOW’s for modernization projects with a large payment processing company to provide enterprise global payment processing solutions

  • Signed four new clients in payer and provider segment forging ahead into commercial Healthcare IT space leveraging our Healthcare platforms

  • Deployed Next-generation Enterprise Messaging Platform for a leading global payment service provider

  • Pioneered in commercial launch of a highly scalable, reliable, multimedia messaging platform on public cloud for a leading global mobile network operator

Next-Gen Mobile Messaging Patents by Infinite

Message disposition notification across all devices (Patent No. 9231894)

This enables the support of disposition notification across all devices, such as a message notification on a tablet even when a user sent the message originally to a smartphone. This patent addresses issues related to using multiple devices to send and receive messages while retaining notifications through two different methods on a server.

Message Disposition Notification after Session Termination (Patent No. 8898235)

This covers mobile message disposition notifications after Session Termination invention. Especially useful in mobile messaging group chats where all members might not be present, the invention allows the originator of the group chat to receive:

  • Industry-standard read-reply receipts

  • Message delivery notifications

  • Various error statuses from store and forward recipients even after the chat session has terminated

    Employees

  • Global Employee Headcount at the end of the Third Quarter FY 16 stood at 5214; a net increase of 223 employees over the previous quarter.

  • Attrition steady at 18.27%

Awards & Industry Recognitions

  • NetSfere and EMS won Bronze and Silver respectively at the Stevie Awards 2015

  • TMC Award – winner of the 2015 CRM Excellence Award

  • Network Product Guide’s IT World awards – NetSfere is the Gold winner in the IT Products and Services and the Bronze winner in the New Products and Services category

  • TMC Labs Innovation award for 2015

  • TMC Communications Solutions – Product of the Year 2015

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