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3i Infotech reports 28% fall in Q1 consolidated net profit

13 Jul 2018 Evaluate

3i Infotech has reported results for first quarter ended June 30, 2018.

The company has reported over 2-fold jump in its net profit at Rs 39.54 crore for the quarter ended June 30, 2018, as compared to Rs 17.70 crore for the same quarter in the previous year. Total income of the company increased by 4.05% to Rs 67.38 crore for Q1FY19 as compared Rs 64.76 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 27.92% in its net profit at Rs 6.04 crore for the quarter under review as compared to Rs 8.38 crore for the same quarter in the previous year. However, total consolidated income of the company increased marginally by 1.17% to Rs 249.81 crore for Q1FY19 as compared Rs 246.93 crore for the corresponding quarter previous year.

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Company Name CMP
TCS 2101.00
Infosys 1050.15
HCL Technologies 1238.00
Wipro 166.00
Tech Mahindra 1530.70
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