3I Infotech has reported results for first quarter ended June 30, 2020.
The company has reported net profit of Rs 24.04 crore for the quarter under review as against net loss of Rs 2.03 crore for the same quarter in the previous year. Total income of the company increased 11.89% at Rs 86.59 crore for Q1FY21 as compared Rs 77.39 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 5- fold jumps in its net profit attributable to equity holder at Rs 10.49 crore for the quarter under review as against Rs 1.98 crore for the same quarter in the previous year. However, total income of the company decreased by 13.24% at Rs 244.54 crore for Q1FY21 as compared Rs 281.87 crore for the corresponding quarter previous year.
