Computer Age Management Services (CAMS) Ltd. has announced its third quarter earnings for the financial year ending March 2026, where the financial technology company has reported a 9.3% surge in net profit while revenue grew 3% on a quarter-on-quarter basis. The company has also announced an interim dividend for Q3.
CAMS' revenue for the December quarter stood at Rs 390 crore, which accounts for a 3.6% sequential growth over its Q2 top line of Rs 377 crore. CAMS' margin for the quarter expanded by 140 basis points to 39.4%, compared to 38% in the last quarter, the company confirmed in an exchange filing.
As far as the bottom line is concerned, the financial technology company has reported a Q3 profit of Rs 126 crore, a 9.3% increase from the profit of Rs 115 crore reported in Q2.
CAMS, which is essentially a mutual fund transfer agency, providing investor services, distributor services and asset management companies (AMC) services, has also announced an interim dividend payment of Rs 3.5 per equity share, with the company setting Jan. 30. as the record date for the dividend payout. The expected date of disbursement of the dividend will be on or before Feb. 20.
CAMS Q3 Highlights (Consolidated, QoQ)
- Revenue up 3.6% at Rs 390 crore versus Rs 377 crore.
- EBIT up 7.3% at Rs 154 crore versus Rs 143 crore.
- EBIT margin at 39.4% versus 38%.
- Net profit up 9.3% at Rs 126 crore versus Rs 115 crore.
- Company announced an interim dividend of Rs 3.5 per share.
Shares of CAMS reacted quite positively to the company's Q3 earnings, with the stock zooming 4% after the announcement. The stock is currently trading at Rs 730.1, accounting for gains of more than 4% compared to Wednesday's closing price.
ALSO READ: Q3 Results LIVE: CAMS Profit Up 9%; IndiGo, Bandhan Bank, Coforge In Focus
Watch LIVE TV, Get Stock Market Updates, Top Business, IPO and Latest News on NDTV Profit.
