PAT

Agilent Announces Thought Leader Award to Peter Neubauer

Retrieved on: 
Thursday, August 3, 2023

Agilent Technologies Inc. (NYSE: A) announced that Dr. Peter Neubauer has been selected to receive a prestigious Agilent Thought Leader Award.

Key Points: 
  • Agilent Technologies Inc. (NYSE: A) announced that Dr. Peter Neubauer has been selected to receive a prestigious Agilent Thought Leader Award.
  • The Agilent Thought Leader Award will support his ongoing research into understanding and optimizing bioprocesses for difficult-to-express proteins and the development of scale-up/scale-down strategies.
  • “His important work will help the pharmaceutical industry optimize their bioprocesses and accelerate improved healthcare worldwide.”
    The Agilent Thought Leader Award program promotes fundamental scientific advances by contributing financial support, products, and expertise to the research of influential thought leaders in the life sciences, diagnostics, and chemical analysis space.
  • To learn more, visit the Agilent Thought Leader Award website.

Redington announces Q1FY24 Results: Highest ever Q1 revenue, highest ever Q1 gross profit

Retrieved on: 
Wednesday, August 2, 2023

21,251 Crore revenue for Q1FY24, 26% YoY

Key Points: 
  • 21,251 Crore revenue for Q1FY24, 26% YoY
    CHENNAI, India, Aug. 2, 2023 /PRNewswire/ -- Redington Ltd (NSE: REDINGTON) (BSE: 532805), today announced its financial results for Q1FY24, which ended on June 30, 2023.
  • 21,251 crores, overall global revenues for the quarter have been the highest ever for any Q1 growing by a strong 26% YoY and at Rs.
  • 1,248 Crores, it has registered the highest ever Q1 gross profit with a 17% YoY.
  • "While the slowdown in IT and Technology spends across the world continued in Q1FY24, Redington witnessed a very strong growth quarter.

Redington announces Q1FY24 Results: Highest ever Q1 revenue, highest ever Q1 gross profit

Retrieved on: 
Wednesday, August 2, 2023

21,251 Crore revenue for Q1FY24, 26% YoY

Key Points: 
  • 21,251 Crore revenue for Q1FY24, 26% YoY
    CHENNAI, India, Aug. 2, 2023 /PRNewswire/ -- Redington Ltd (NSE: REDINGTON) (BSE: 532805), today announced its financial results for Q1FY24, which ended on June 30, 2023.
  • 21,251 crores, overall global revenues for the quarter have been the highest ever for any Q1 growing by a strong 26% YoY and at Rs.
  • 1,248 Crores, it has registered the highest ever Q1 gross profit with a 17% YoY.
  • "While the slowdown in IT and Technology spends across the world continued in Q1FY24, Redington witnessed a very strong growth quarter.

Sonata Software - International Services Revenue in USD terms grew by 17.5% QoQ (4% QoQ organic), and Domestic Gross Contribution grew by 6.4% QoQ

Retrieved on: 
Monday, July 31, 2023

BENGALURU, India, July 31, 2023 /PRNewswire/ -- Sonata Software (NSE: SONATSOFTW.NS) (BSE: SONATSOFTW.BO), a global IT services and technology solutions company, today reported its unaudited financial results for its 1st quarter ended 30thJune 2023.

Key Points: 
  • Our International services Revenue in USD terms grew 17.5% QoQ.
  • Performance Highlights for the quarter:
    Revenues at ₹ 2,015.5 crores; QoQ growth of 5%
    EBITDA at ₹ 206.4 crores; QoQ growth of 17%
    PAT at ₹ 120.1 crores; QoQ growth of 6%
    Consolidated DSO is at 41 days.
  • Revenues at ₹ 1,391.7 crores; QoQ growth of 1%
    Gross contribution at 61.8 Crs grew by 6.4% QoQ.
  • EBITDA at ₹ 56.4 crores; QoQ growth of 4%
    PAT at ₹ 40.2 crores; QoQ growth of 3%
    DSO is 36 days (Q4'23: 35 days)

STL delivers strong operating profitability, continues customer momentum in Q1FY24

Retrieved on: 
Thursday, July 27, 2023

Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.

Key Points: 
  • Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.
  • The company also delivered operational profitability with a steady EBITDA percentage of 15.4% in the current quarter.
  • The company continued to show momentum in its key markets and businesses while keeping customer-centricity and profitability at the core.
  • Last quarter STL announced its foray into the multi-trillion dollar IT services industry with STL Digital.

STL delivers strong operating profitability, continues customer momentum in Q1FY24

Retrieved on: 
Thursday, July 27, 2023

Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.

Key Points: 
  • Amidst global headwinds, STL delivered a strong 42% YoY EBITDA growth on the back of a relentless focus on operational efficiencies, while its PAT surged by an impressive 156%.
  • The company also delivered operational profitability with a steady EBITDA percentage of 15.4% in the current quarter.
  • The company continued to show momentum in its key markets and businesses while keeping customer-centricity and profitability at the core.
  • Last quarter STL announced its foray into the multi-trillion dollar IT services industry with STL Digital.

Persistent Sustains Growth Momentum, Revenue Up by 17.1% Y-o-Y, 3.0% Q-o-Q

Retrieved on: 
Thursday, July 20, 2023

SANTA CLARA, Calif. and PUNE, India, July 20, 2023 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) today announced the Company's audited financial results for the quarter ended June 30, 2023, as approved by the Board of Directors.

Key Points: 
  • Adjusted for this, PAT margin was 11.4% for Q1FY24, with Q-o-Q growth of 5.4% and Y-o-Y growth of 25.2%.
  • This makes the total dividend for FY23 to be INR 50 per share as compared to INR 31 per share for FY22.
  • As we enter our new fiscal year, I'm pleased to share that we have sustained our growth momentum despite the challenging macroeconomic conditions.
  • He will bring his impressive experience of 32+ years to help guide our strategy and accelerate our growth journey."

Persistent Sustains Growth Momentum, Revenue Up by 17.1% Y-o-Y, 3.0% Q-o-Q

Retrieved on: 
Thursday, July 20, 2023

SANTA CLARA, Calif. and PUNE, India, July 20, 2023 /PRNewswire/ -- Persistent Systems (BSE: PERSISTENT) (NSE: PERSISTENT) today announced the Company's audited financial results for the quarter ended June 30, 2023, as approved by the Board of Directors.

Key Points: 
  • Adjusted for this, PAT margin was 11.4% for Q1FY24, with Q-o-Q growth of 5.4% and Y-o-Y growth of 25.2%.
  • This makes the total dividend for FY23 to be INR 50 per share as compared to INR 31 per share for FY22.
  • As we enter our new fiscal year, I'm pleased to share that we have sustained our growth momentum despite the challenging macroeconomic conditions.
  • He will bring his impressive experience of 32+ years to help guide our strategy and accelerate our growth journey."

Numinus Wellness Inc. Reports Q3 2023 Results

Retrieved on: 
Monday, July 17, 2023

VANCOUVER, BC, July 17, 2023 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, today announced its financial results for the three months ended May 31, 2023 ("Q3 2023").

Key Points: 
  • VANCOUVER, BC, July 17, 2023 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing innovative treatments and safe, evidence-based psychedelic-assisted therapies, today announced its financial results for the three months ended May 31, 2023 ("Q3 2023").
  • Gross margin grew 1010 basis points in Q3 2023 compared to 24.4% in Q3 2022.
  • At the end of Q3 2023, Numinus had 130 practitioners (Q2 2023: 133) providing client treatments through its wellness clinics and virtual services.
  • On June 14, 2023, Numinus announced the appointment of Nikhil Handa as Chief Financial Officer, effective June 15, 2023, following a thorough executive search.

LTIMindtree Delivers 8.2% YoY Revenue Growth in CC

Retrieved on: 
Monday, July 17, 2023

“During the first quarter of FY24, LTIMindtree delivered 8.2% YoY revenue growth in Constant Currency.

Key Points: 
  • “During the first quarter of FY24, LTIMindtree delivered 8.2% YoY revenue growth in Constant Currency.
  • A US-based Insurance & Retirement major has awarded LTIMindtree a multi-year deal for 24x7 Infrastructure Managed Services.
  • A UK-based Pharmaceutical giant awarded LTIMindtree a multi-year contract to provide SAP Managed services along with testing and support services.
  • A world leader in Risk Management & Consulting has selected LTIMindtree to build a greenfield cloud-based data platform using AWS.