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CMSINFO — Cms Info Systems News Story

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India's CMS Info Systems falls after quarterly profit dips

BUZZ-India's CMS Info Systems falls after quarterly profit dips

** Shares of CMS Info Systems CMSN.NS fall 3.6% at 268.3 rupees

** The tech & logistics provider says first-quarter consol net profit falls 10.6% to 836.8 million rupees ($8.77 million)

** Quarterly consol revenue from ops up 1.2% to 6.35 billion rupees

** Company says 250 million rupee impact in its ATM transactions segment during the quarter

** Steep wage inflation and Middle-East crisis impact on fuel price hurt increasing expenses, says company

** YTD, stock down 21.6%

($1 = 95.4100 Indian rupees)


(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))

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