SIS LTD. ANNOUNCED ITS UNAUDITED FINANCIAL RESULTS FOR THE QUARTER ENDED SEPTEMBER 30TH 2023
Business Updates:
• Security Solutions India: The Security Solutions India business continued its growth momentum with 13.2% YoY growth and 5.9% QoQ growth in revenue for the quarter, and
reached Rs. 1,302 Cr. Major wins during the quarter came from the Manufacturing, BFSI, Energy, Logistics, and Real estate sectors. EBITDA margin continues to improve to 5.7% in
Q2 FY24, up from 4.4% in Q2 FY23. Our Alarm Monitoring and Response company, VProtect, is now servicing over 18,700 connections.
• Security Solutions International: The Security Solutions International business recorded a revenue of Rs. 1,259 Cr. for the quarter which is an 8.4% YoY growth (9.2% in constant
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