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Majesco reports net loss of Rs 2.41 crore in Q1

24 Jul 2021 Evaluate

Majesco has reported results for first quarter ended June 30, 2021.

The company has reported net loss at Rs 2.41 crore for the quarter under review as compared to net profit Rs 1.22 crore for the same quarter in the previous year. Total income of the company decreased by 62.98% at Rs 1.34 crore for Q1FY22 as compared Rs 3.62 crore for the corresponding quarter previous year.

Majesco enables insurance business transformation for approximately 150 insurance customers by providing solutions which include software, consulting and services.

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