Net profit of InfoBeans Technologies declined 33.15% to Rs 4.78 crore in the quarter ended September 2020 as against Rs 7.15 crore during the previous quarter ended September 2019. Sales rose 30.06% to Rs 41.32 crore in the quarter ended September 2020 as against Rs 31.77 crore during the previous quarter ended September 2019.

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Net profit of InfoBeans Technologies declined 4.09% to Rs 1.64 crore in the quarter ended March 2020 as against Rs 1.71 crore during the previous quarter ended March 2019. Sales rose 70.83% to Rs 45.15 crore in the quarter ended March 2020 as against Rs 26.43 crore during the previous quarter ended March 2019.

For the full year,net profit rose 12.01% to Rs 21.17 crore in the year ended March 2020 as against Rs 18.90 crore during the previous year ended March 2019. Sales rose 35.54% to Rs 156.58 crore in the year ended March 2020 as against Rs 115.52 crore during the previous year ended March 2019.

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Net profit of InfoBeans Technologies rose 38.93% to Rs 5.71 crore in the quarter ended March 2020 as against Rs 4.11 crore during the previous quarter ended March 2019. Sales rose 11.49% to Rs 27.85 crore in the quarter ended March 2020 as against Rs 24.98 crore during the previous quarter ended March 2019.

For the full year,net profit rose 15.57% to Rs 24.12 crore in the year ended March 2020 as against Rs 20.87 crore during the previous year ended March 2019. Sales rose 11.02% to Rs 110.40 crore in the year ended March 2020 as against Rs 99.44 crore during the previous year ended March 2019.

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InfoBeans Technologies announced that the Board of Directors of the Company at its meeting held on 12 February 2020, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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