3i Infotech Q1FY24 Results: Consolidated Loss of Rs. 15.59 Cr

3i Infotech Q1FY24 Results Consolidated Loss of Rs. 15.59 Cr

3i Infotech Q1 results show revenue up from 194.03 crores to 194.41 crores, a 0.20% increase in growth. EPS rise from ₹-1.62 to ₹-0.93, up by 42.59%.

First, Let’s Begin with Quarter-on-Quarter Basis:

3i Infotech shared its Q1 results on Friday. They earned 194.41 crores in revenue this quarter, but that’s more than the 194.03 crores they made last quarter. The company’s growth increased by 0.20 percent when comparing the two quarters.

In terms of profits, the company’s PAT (Profit After Tax) for this quarter was -15.59 crores, up from -27.27 crores in the previous quarter. Their quarter-to-quarter growth increased by 42.83 percent.

The company’s EPS (Earnings Per Share) this quarter is ₹-0.93, which is an increase of 42.59% from the ₹-1.62 EPS in the previous quarter.

Now, Let’s Analyze the Results on a Year-over-Year Basis:

The company made a total revenue of 194.41 crores this year (2023), which is 7.95 percent higher than last year’s total revenue of 180.09 crores.

This year’s PAT (Profit After Tax) is -15.59 crores, which is also 925.66% lower than last year’s PAT of -1.52 crores.

The EPS (Earnings Per Share) for this year is ₹-0.93, which is 933.33% less than the EPS of ₹-0.09 earned last year.

Also Read: IOC Q1FY24 Results: Consolidated PAT of Rs. 14,436.96 Cr

3i Infotech Share Dividend Announcement / Record Date:

The record date for the dividend has not arrived yet.

About 3i Infotech:

3i Infotech Inc. is a company that delivers computer services. It specializes in providing information technology solutions to diverse sectors, encompassing infrastructure management, business process outsourcing, consulting, enterprise applications, software development, maintenance, and testing services. With a global reach, 3i Infotech serves customers all around the world.

Download the Full PDF of 3i Infotech Q1 Results: Click Here

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