SIS Q1 profit rises 8% to Rs 90 cr

SIS Q1 profit rises 8% to Rs 90 cr

SIS Ltd reported an 8% rise in net profit to Rs 90 crore for the 1st quarter ended June 30, boosted by an 11% increase in revenue and a 15% increase in EBITDA. The cash logistics segment saw 24% revenue growth due to new wins and strong performance in door-step banking and cash in transit business. Rituraj Sinha, MD of SIS Group, called it a solid start to FY’24.

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