InfoBeans Technologies Limited reported robust Q1 financial results with total revenue of ₹124.00 crore, up 24% year-over-year. EBITDA grew by 58% to ₹30.00 crore, with margin improving from 19% to 25%. Profit After Tax increased significantly from ₹8.00 crore to ₹23.00 crore. The company is transitioning to an AI-led data engineering focus, expanding its geographic presence, and growing its team to over 1,450 employees. InfoBeans completed a ₹10.00 crore buyback and announced a dividend. The company is investing in AI and data technology partnerships and has developed in-house accelerators.
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InfoBeans Technologies Secures AI Transformation Project with Canadian Standards Organization
InfoBeans Technologies Ltd has been selected to lead an AI-powered transformation project for one of Canada's largest standards developing organizations. This project aims to enhance the organization's operations and capabilities in standards development using cutting-edge AI technologies. The partnership highlights InfoBeans' growing expertise in AI and its ability to secure high-profile international projects, potentially boosting the company's global recognition and opening doors to more opportunities worldwide.