CMS Info Q1 Profit Up 3%, Buys Securens

  Published 8 months ago

CMS Info Systems posts modest Q1 growth; announces ₹80 crore acquisition of Vision AI firm Securens to boost tech vertical.

  • Net profit up 3.07% YoY to ₹93.58 crore; revenue rises 4.67% to ₹627.41 crore; EBITDA margin slightly dips.
  • Cash and managed services segments grew; card services declined; business touchpoints rose 9% YoY to 1.53 lakh.
  • Acquisition of Securens to strengthen Vision AI, scale the HAWKAI brand, and expand CMS's AIoT-based monitoring capabilities.

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