3i Infotech has reported results for third quarter ended December 31, 2011.
The company has posted a loss of Rs 150.21 crore for the quarter ended December 31, 2011 as compared to a net profit of Rs 33.85 crore for the same quarter in the previous year. Total income has decreased by 27.71% from Rs 134.05 crore for Q3FY11 to Rs 96.91 crore in the quarter under review.
3i Infotech provides software products and IT services for the Banking, Financial Services and Insurance (BFSI); Manufacturing, Retail and Distribution and Government verticals. It has introduced various IT products like PREMIA, KASTLE, AMLOCK, Tradis, MFund, C-matis, Xroadz, DataFlo, Quantis, Telesto, DataScan.online and CRx.
