171.3100 0.38 (0.22%)
NSE Sep 15, 2025 15:53 PM
Volume: 35,993
 

171.31
0.22%
ICICI Securities Limited
Majesco's rupee revenues increased 5.7% QoQ and 21.8% YoY in Q2FY19 mainly led by 10.8% QoQ growth in life & annuities (L&A;). Cloud revenues (38.7% of total revenues) increased 14.0% QoQ led by 34.5% QoQ increase in cloud subscription revenues and 6.4% QoQ growth in cloud implementation revenues. Geographically, UK (4.8% of total revenues) registered an increase of 22.9% QoQ and North America (88.0% of total revenues) increased 5.4% QoQ0 EBITDA margins expanded ~272 bps QoQ to 10.9% mainly led by...
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