CAMS Q1FY22 Consolidated PAT up 58.92 % YoY, Recommends Interim

 COMPUTER AGE MANAGEMENT SERVICES LTD

 

CAMS Q1FY22 Consolidated PAT up 58.92 % YoY, Recommends Interim Dividend of Rs. 6.50 per share

 

Chennai based Computer Age Management Services Limited (CAMS), India’s largest registrar and transfer agent of mutual funds (a SEBI regulated entity) has announced its financial results for the first quarter ended on 30^th June 2021.

 

Q1FY22 Consolidated Financial Highlights

Consolidated Performance Highlights

Quarter Highlights - Q1 FY22 Vs Q1 FY21

Revenue from Operations stood at Rs. 201.18 crore as against Rs. 148.63 crore in Q1FY21 with an YoY growth of 35.36%

Profit Before Tax stands at Rs 84.99 crore as against Rs. 51.90 crore in Q1FY21 with an YoY growth of 63.76 %

Profit After Tax was reported at Rs. 63.24 crore as against Rs. 39.79 crore in Q1FY21 with an YoY growth of 58.92 %. PAT margins stood at 30.74 %

Basic EPS for Q1FY22 stands at Rs. 12.95*

*Not Annualized

 

Q1FY22 Standalone Financial Highlights

Standalone Performance Highlights

Quarter Highlights - Q1 FY22 Vs Q1 FY21

Revenue from Operations stood at Rs. 191.29 crore as against Rs. 143.06 crore in Q1FY21 with an YoY growth of 33.71%

Profit Before Tax stands at Rs 103.36** crore as against Rs. 47.00 crore in Q1FY21 with an YoY growth of 119.91 %

Profit After Tax reported was at Rs. 83.92** crore as against Rs. 36.26 crore in Q1FY21 with an YoY growth of 131.44 %. PAT margins stood at 37.84 %

Basic EPS for Q1FY22 stands at Rs. 17.19*

*Not Annualized, **Includes dividend received from subsidiaries  of Rs 27.16 Crore

 

Operational Highlights – Q1 FY22

·       Q1 FY22 – Overall AuM touched a historic high of Rs.23.1 lakh crore, registering an increase of 32.3%, while transactions volume increased by 15% Y-o-Y

·       Franklin Templeton’s operations migration to CAMS, the largest ever migration in the MF industry, has been completed amidst a challenging environment. This was the only instance of shifting an inhouse RTA to a third party.

 

·       Mr Ram Charan Sesharaman has been appointed as the Chief Financial Officer of the company wef. 1^st August 2021.

 

Management Comment

 

Commenting on the performance, Mr. Anuj Kumar, Managing Director CAMS Ltd, said, “We had a satisfactory quarter both in terms of our financial results and in maintaining our strong focus on operational excellence and financial prudence. We have navigated the tough business environment induced by the 2^nd wave of Covid and have ensured that mutual fund investors and clients were not impacted and continue to get high fidelity service. It was a milestone quarter with both AuM and transaction volumes recording new highs.

On the technology front, our focus has been to strengthen our digital offerings and augment the use of AI, ML and cloud technology to fortify our operations and services.  myCAMS mobile app for investors touched 4.2 Mn registered user base in the quarter and has about 2.5 Lakh logins on an average every day, while edge360, our distributor portal is gaining prominence after the mobile app launch.

 

Commenting on the new business lines, Mr Anuj Kumar explained “CAMSfinserv Account Aggregator business is gaining traction with a few large Banks commencing their testing on the platform.  We are working on creating a vibrant, open to public sandbox for testing / sync-up to ease onboarding of ecosystem participants.

 

CAMSPay Payment aggregator transactions touched a historic high of 10 Mn+ Transactions per month.

 

Our engagement with ecosystem entities including PoPs & PFMs continues to deepen as we prepare ourselves for a timely launch of the NPS Central Record Keeping Agency business.”

 

The Board Meeting of Shriram Transport Finance Company Limited (STFC) was held

The Board Meeting of Shriram Transport Finance Company Limited (STFC) was held today to consider the unaudited financial results for the first quarter ended 30th June, 2020.

Financials (Standalone) :
Quarter ended 30th June, 2020 :

The Net Interest Income for the first quarter ended 30th June, 2020 was Rs. 1,820.35

crores as against Rs. 1,947.02 crores in the same period of the previous year. The profit after tax was Rs. 320.06 crores (including COVID-19 provision of Rs. 956.15 crores) as against Rs. 634.25 crores recorded in the same period of the previous year. The earning per share (basic) stands at Rs. 14.11 as against Rs 27.96 recorded in the same period of the previous year.

Assets under Management :
Total Assets under Management as on 30th June, 2020 stands at Rs. 111,756.37 crores as compared to Rs.106,343.48 crores as on 30th June, 2019 and Rs. 109,749.24 crores for the year ended 31st. March, 2020.

NTPC – Q1 FY21 Unaudited

NTPC – Q1 FY21 Unaudited Results

  

The country’s largest power generator- NTPC Ltd. with a group installed capacity of 62110 MW, declared the unaudited financial results for Q1 FY21 today.

The gross generation of NTPC in Q1 FY21 was 60.18 Billion units as against 68.49 Billion units during the corresponding previous quarter. NTPC Coal stations achieved PLF of 58.22% in Q1 FY21 as against the National Average PLF of 46.70%.

On standalone basis, in Q1 FY21, the total income was Rs.24,021 crore as against the total income of Rs.24518.81 crore during the corresponding previous quarter. Profit After Tax (PAT) for Q1 FY21 was Rs.2,470.16 crore (after allowing rebate to beneficiaries which have met the conditions approved by the Board, of Rs.802.57 crore on the capacity charges during the lock down period) as compared to Rs.2,602.79 crore in the corresponding previous quarter

OPPO contributes to realizing the first

OPPO contributes to realizing the first 5G standalone (SA) network in the UK
with industry leaders

Ÿ   The full potential of the next-generation network was verified with OPPO’s Find X2 Pro and Reno3 5G smartphones

Ÿ   Deployed in Coventry University in the UK, the new network also features UK’s first 5G SA network slicing service

OPPO today announced its contribution in the successful deployment of the first 5G Standalone (SA) networks and the first 5G SA network slicing services in collaboration with Vodafone and Ericsson, marking a significant milestone in the construction of Europe’s 5G SA network.

OPPO Find X2 Pro and Reno3 5G smartphones testing 5G SA performance in OPPO's lab

Deployed in Coventry University in the UK, the new networks was verified with OPPO’s 5G smartphones powered by Qualcomm Technologies and MediaTek’s 5G mobile platforms respectively.

OPPO and Ericsson worked with Qualcomm Technologies and MediaTek separately to develop network slice switching software solutions based on OPPO’s Find X2 Pro and Reno3 smartphones so users can easily switch from different slices to enable the best experience for different needs. One slice was used for high-speed access to the Internet, while the other provided a dedicated connection for faculty members and students to quickly access school resources, and to conduct low-latency, high-definition long-distance teaching, and learning.

According to the definition of 3GPP, the umbrella term for the standards organizations that develop protocols for mobile telecommunications, 5G is classified into two modes: NSA (Non-Standalone) and SA (Standalone), where SA refers to an independent network architecture using 5G base stations and 5G core network. Major telecom operators around the world are vigorously advancing the deployment of 5G SA as it is the go-to network architecture of the future.

Meanwhile, 5G network slicing, which can be applied to the 5G core network architecture, is a technology that divides the physical network into multiple virtualized end-to-end networks. Each sliced network is independent and can have its own resources so that 5G resources can be allocated and utilized more efficiently and flexibly to meet the needs of different user scenarios in accordance with the varying characteristics of applications.

The 5G SA and network slicing technologies are the latest achievements of OPPO’s pioneering research in 5G and OPPO will continue to be a leader in 5G with continuous R&D investment. OPPO believes in a future of intelligent connectivity and 5G is the backbone of that vision. OPPO works closely with supply chain partners to advance 5G technology and elevate user experience while partnering with leading carriers and retailers to connect to more people. OPPO has already struck partnerships with more than 40 major carriers in Europe and will continue to build sustainable success through state-of-the-art products and constant and deep interactions with existing and new partners.