Datamatics Global Services today announced that it has been recognized as amongst the `India`s Top 500 Value Creators 2023` by Dun & Bradstreet. The list of top 500 value creators is curated from the companies that are listed on BSE and NSE for the last five-year period. These companies were measured against more than 25 parameters, that assessed both market value and intrinsic value of the company. Datamatics is identified amongst the top value creators for creating long-term value to all their stakeholders beyond financial growth, outperforming on business productivity, business resilience, and sustainability aspectsPowered by Capital Market - Live News

The Board of Datamatics Global Services at its meeting held on 08 May 2024 has approved to acquire balance 23% stake in Datamatics Cloud Solution from CloudGrowth. On completion of the acquisition, the JVC will become wholly owned subsidiary of the company and joint venture agreement between the Company and CloudGrowth will be terminated on completion of acquisition & payment of consideration in full. Datamatics Cloud Solution is engaged in the business of providing Salesforce consulting and implementation services to its customers. Powered by Capital Market - Live News

Net profit of Datamatics Global Services declined 12.06% to Rs 52.52 crore in the quarter ended March 2024 as against Rs 59.72 crore during the previous quarter ended March 2023. Sales declined 0.86% to Rs 412.71 crore in the quarter ended March 2024 as against Rs 416.28 crore during the previous quarter ended March 2023.For the full year,net profit rose 4.91% to Rs 198.19 crore in the year ended March 2024 as against Rs 188.92 crore during the previous year ended March 2023. Sales rose 6.22% to Rs 1549.89 crore in the year ended March 2024 as against Rs 1459.19 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales412.71416.28 -1 1549.891459.19 6 OPM %15.6620.21 -15.7416.62 - PBDT80.0888.94 -10 287.08278.33 3 PBT71.2880.09 -11 250.82243.38 3 NP52.5259.72 -12 198.19188.92 5 Powered by Capital Market - Live News

Datamatics Global Services announced that the Board of Directors of the Company at its meeting held on 08 May 2024, has recommended a Final dividend of Rs.5 per share (i.e.100%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Datamatics Global Services will hold a meeting of the Board of Directors of the Company on 8 May 2024.Powered by Capital Market - Live News