Infibeam FY16 PAT at Rs 8.7 crore, revenue up 17%

The company claimed that it has turned cash positive and reported an operating cash inflow of more than Rs 23 crore

Infibeam FY16 PAT at Rs 8.7 crore, revenue up 17%
BS Reporter Ahmedabad
Last Updated : May 30 2016 | 6:48 PM IST
Ahmedabad-based e-commerce firm Infibeam Incorporation that got listed in the Indian markets this April has posted a 17% year-on-year rise in total revenue from operations to Rs 336.9 crore for full year 2015-16. The profit after tax for the year stood at Rs 8.7 crore as against a net loss of Rs 1.01 crore in FY15.

The company claimed that it has turned cash positive and reported an operating cash inflow of more than Rs 23 crore as against a cash burn of Rs 20.9 crore in the corresponding period of previous year. The company's service revenue grew by 54% to Rs 102.8 crore while its product revenue grew from Rs 221.4 crore in FY15 to Rs 234.1 crore in FY16.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 30 2016 | 6:18 PM IST

Next Story