with market valuation of 12,021.80 Crore, Computer Age Management Services Limited (CAMS) is a mid-cap company that operates in the financial services industry. The organization has over 25 years of experience in providing financial infrastructure and services to Mutual Funds and other financial institutions. As of September 2022, CAMS served 69% of the average assets under management, making it the market leading registrar and transfer agency for the Indian mutual fund sector. The company has released and released its Q2 financial results 8.50 dividend per share.
The company said in a stock exchange filing that “the board has approved the payment of interim dividend”. 8.50 per equity share. The above dividend will be paid to those shareholders on 16 November 2022 as the “record date” for determining the members eligible to receive the dividend. The expected date of distribution of dividend will be on or before 2nd December 2022. ,
The company has notified the record date for dividend purpose and in a stock exchange filing stated that “This is our notice dated 04 November 2022 with respect to the record date of 16 November 2022 for interim dividend for the financial year 2022.” Context is- 23. Revised Record Date is 17th November 2022. Dividend will be paid on 17th November 2022 to those shareholders which has been fixed as “Revised Record Date” to determine the members eligible to receive the dividend The expected date of distribution of dividend will be on or before 02nd December, 2022.”
On a standalone basis, the company reported net revenue of 231.98 crore in Q2FY23 as compared to Q2FY22 and . 215.72 crore in 226.41 crore in Q1FY23, representing a year-on-year growth of 7.5% and QoQ growth of 2.5%. In Q2FY23, the company reported total expenses 144.49 crore as compared to Q2FY22 and . 132.07 crore in 146.12 crore in Q1FY23, representing a year-on-year growth of 9.4% and a QoQ decline of -1.1%. In Q2FY23, the company recorded a net profit of 69.67 crore as compared to 65.24 crore in Q2FY22 and 62.32 crore in Q1FY23, representing a year-on-year growth of 6.8% and QoQ growth of 11.8%. eps climbed 14.24 per share in the quarter ended September 2022, from 13.36 more in Q2FY22 12.74 in Q1FY23.
On a consolidated basis, the company reported net revenue of 242.37 crore in Q2FY23, as compared to 227.59 crore in Q2FY22 and 236.64 crore in Q1FY23, representing a year-on-year growth of 6.5% and QoQ growth of 2.4%. In Q2FY23, the company reported total expenses 152.83 crore as compared to 135.51 crore in Q2FY22 and 154.17 crore in Q1FY23, representing a year-on-year growth of 12.8% and a QoQ decline of -0.9%. In Q2FY23, the company recorded a net profit of 72.14 crore as compared to 72.55 crore in Q2FY22 and 64.77 crore in Q1FY23, representing a year-on-year decline of -0.6% and QoQ growth of 11.4%. eps climbed 14.74 per share in Q2FY23, from 14.86 more in Q2FY22 13.24 in Q1FY23.
CAMS shares closed on Friday 2,459.00 each, down 0.57% from the previous close 2,473. In the last 1 year, the stock has fallen 18.50% and on a YTD basis it has fallen 10.18% so far in 2022.
catch all business News, market news, today’s fresh news events and breaking news Updates on Live Mint. download mint news app To get daily market updates.