Computer Age Management Services Q1 Results, Revenue Hits ₹33,140.25 Lakhs and Net Profit Reaches ₹10,695.35 Lakhs

Computer Age Management Services Q1 Results: Computer Age Management Services (CAMS) released its financial results for the first quarter of 2024-2025 on August 31, 2024. The company's revenue from operations reached ₹33,140.25 lakhs, marking a 6.8% increase from ₹31,045.88 lakhs reported in the previous quarter.

Year-over-year, CAMS saw a 3.5% rise in revenue compared to ₹32,092.38 lakhs for Q1 of the previous year. In terms of profitability, CAMS reported a profit before tax of ₹14,239.35 lakhs, which represents a 5.8% growth from ₹13,456.80 lakhs in the previous quarter.

However, compared to the same quarter last year, the profit increased by 3.8%. The company’s net profit for the period was ₹10,695.35 lakhs, up 3.9% from ₹10,298.53 lakhs in the prior quarter and a 5.2% increase year-over-year. Despite higher operational costs, CAMS managed to boost its overall profitability, reflecting a solid start to the fiscal year.

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Computer Age Management Services Q1 Results 2024 - 2025

For the first quarter of 2024-2025, CAMS reported a solid financial performance, with notable increases in revenue and profit compared to previous periods. Below is a summary of their key financial metrics:

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Computer Age Management Services Current Market Overview

Computer Age Management Services (CAMS) is currently trading at around ₹4,261 per share, reflecting a minor decrease of 1.73%. The company has a market capitalization of approximately ₹20,974 crore.

Over the past year, the stock's highest price was ₹4,911, while its lowest was ₹2,230. CAMS has a price-to-earnings ratio of 54.9 and offers a dividend yield of 1.09%. The company's performance metrics include a return on capital employed (ROCE) of 48.4% and a return on equity (ROE) of 39.8%.

Quarterly Results

Here's a table showing CAMS performance for the most recent quarters, covering December 2023 to June 2024:

About Computer Age Management Services

Computer Age Management Services (CAMS) is a leading mutual fund transfer agency based in Chennai, India. Established in 1988, the company provides a range of financial services, including recordkeeping, transaction processing, and customer support for mutual funds.

CAMS also offers services to banks, insurance companies, and alternative investment funds. It plays a crucial role in the financial industry by managing and streamlining operations for asset management companies, helping them efficiently handle investor transactions and data. The company went public in 2020, reflecting its growth and importance in the fintech sector.

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