Shares of Computer Age Management Services Ltd (CAMS) dropped by 5.57 per cent to ₹3,731.60 on the BSE at 11:35 AM on Thursday, despite the company’s Q3 results showing a robust performance. The company reported a net profit of ₹125.5 crore in Q3, marking a 40.5 per cent increase from the previous year’s ₹89 crore.
In addition to the strong profit growth, CAMS also recorded a 28 per cent rise in revenue to ₹369.7 crore in Q3 FY25, up from ₹289.6 crore in the same period last year. The operational performance saw a significant improvement, with EBITDA climbing to ₹172.3 crore, a 33.5 per cent increase from the previous year’s ₹129 crore.
Despite these positive financial results, the stock hit a 52-week high of ₹5,367.45 on December 12, 2024, and reached a low of ₹2,706.95 on March 14, 2024, on the BSE.
The market reaction to CAMS’ Q3 earnings may be seen as a buying opportunity for some investors, as the company continues to demonstrate strong financial performance and growth prospects in the future.
