The Q1 result was announced after market hours on Monday, 15 July 2013.
Meanwhile, the S&P BSE Sensex was down 176.12 points or 0.88% at 19,858.36.
On BSE, 2,859 shares were traded in the counter as against average daily volume of 3,543 shares in past one quarter.
The stock hit a high of Rs 1,340.20 and a low of Rs 1,301 so far during the day. The stock had hit a 52-week low of Rs 933 on 14 August 2012. The stock had hit record high of Rs 1,523 on 9 April 2013.
The stock had outperformed the market over the past one month till 15 July 2013, surging 8.12% compared with the Sensex's 4.47% gain. The scrip had, however, underperformed the market in past one quarter, sliding 4.19% as against Sensex's 9.13% rally.
The mid-cap company has equity capital of Rs 30.30 crore. Face value per share is Rs 10.
CMC added 16 new clients in Q1 June 2013.
CMC's CEO and MD R Ramanan said that the company continues to see good traction for its offerings across all business segments and geographies despite challenging global business environment. He added that the company has maintained quality of revenue as its revenue from value added services and solution grew 5% QoQ and 7% YoY, helping company maintain its EBITDA margins.
CMC said it is making investments in business development and R&D for future growth.
CMC is a leading system engineering and integration company in India and is a subsidiary of Tata Consultancy Services (TCS). CMC operates out of 18 offices and 180 service locations in the country. The company has a wholly-owned subsidiary in US, CMC Americas Inc.
CMC is a subsidiary of IT major TCS, which holds 51.12% stake in CMC (as per the shareholding pattern as on 31 March 2013).
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