Computer Age Management Services Limited Reports Record Q2 Revenue

Computer Age Management Services Limited (CAMS) reported record Q2 revenue of INR 415 crore, up 10% year over year, while profit after tax rose 14.5% and its EBITDA margin expanded by 140 basis points. The company attributed performance to 21% growth in non-mutual fund businesses and technology-enabled productivity improvements. Despite slower assets under management growth, CAMS maintained its yield outlook.