OREANDA-NEWS. October 17, 2012. CMC announced consolidated operating revenue of Rs458.25 crore in the quarter ending September 30, 2012, which represents 28 percent growth over the corresponding period last year. The company earned profit after tax of Rs49.40 crore, representing growth of 51 percent year-on-year.

On a cumulative basis, the company earned an operating revenue of Rs910.53 crore in the first half of the current financial year, resulting in growth of 38 percent over the corresponding period last year.

“The company continues to see good growth potential for its offerings across all business segments and geographies, even in a challenging business environment,” observed R Ramanan, CEO and MD, CMC. “The company added 15 clients across geographies,” he added.

“The company was able to improve EBITDA margin by 190 basis points year-on-year though improved business mix and higher people productivity,” said JK Gupta, CFO, CMC. “The company improved its debtor days from 86 days to 83 days during the quarter,” he added.

Awards and certifications:

Golden Peacock Award for HR excellence by the Institute of Directors.

Golden Peacock Award for Innovation Management by the Institute of Directors.

Madhya Pradesh treasury CSFMS ePayment won gold for ePayment facility for the Government of Madhya Pradesh at SKOCH Digital Inclusion Awards – 2012.