India security business has seen 20% YoY growth | Rituraj Sinha, Group MD, SIS | ET Now
SIS consolidated revenue for Q1FY23 at Rs 2,678 Cr, 12.6% YoY growth. Operating PAT at Rs 79.9 Cr, 53.9% up YoY. The India security business continued the growth momentum with 2.1% QoQ growth in revenue and reached Rs 1,059 Cr which is the highest in company’s history and indicates a strong growth revival over the past few months. Commenting on the performance, Rituraj Sinha, Group Managing Director said, “Our Q1FY23 results illustrate the predictability of our business model, as an essential services business, which continues to grow at a healthy rate, with the economy growing post pandemic. Also, we are very proud to be recognised as the #4 Best Employer to work, for FY22, by Great Place to Work.”
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