InfoBeans Technologies Limited — Board Meeting, 22-07-2025: Outcome of Board Meeting

InfoBeans has announced a board meeting where they approved the consolidated financial results for the quarter ended June 30, 2025. Revenue from operations surged to ₹111.85 Cr, with profit hitting ₹23.32 Cr. This quarter's other income notably includes a ₹6.36 Cr grant from a US subsidiary's employee retention credit.

A key strategic move: the company is setting up a new subsidiary, Ecoplex Infra Private Limited, for a Green IT Park Project. InfoBeans will hold a 76% stake by subscribing to 7,600 equity shares, investing ₹76,000. This highlights the company's focus on new green initiatives and expansion.