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SIS eyes 20% revenue growth for FY25 - The Hindu BusinessLine

SIS eyes 20% revenue growth for FY25 - The Hindu BusinessLine
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SIS gains after Q4 PAT stands at Rs 102 cr

SIS rose 1.45% to Rs 365.45 after the company s consolidated net profit stood at Rs 102.23 crore in Q4 FY21 as against net loss of Rs 3.91 crore in Q4 FY20. On a consolidated basis, net sales jumped 10.7% to Rs 2,445.21 crore in Q4 FY21 over Q4 FY20. EBITDA dropped 10.9% to Rs 123.30 crore in Q4 FY21 from Rs 138.50 crore in Q4 FY20. EBITDA margin stood at 5% in Q4 FY21 as against 6.3% in Q4 FY20. Meanwhile, the company generated the highest ever cash flows with total operating cash flow generation of Rs 640 crore with cash conversion at OCF/ EBITDA of 123% for FY21 and 89% for Q4 FY21. This has been on the back of strong collections, lower working capital needs and stable business.

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