3i Infotech Limited Reports Unaudited Consolidated and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 18, 2019 at 05:12 am
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3i Infotech Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, on consolidated basis, the company reported revenue from operations of INR 3,065.4 million compared to INR 2,375.2 million a year ago. Total income was INR 3,117.0 million compared to INR 2,437.5 million a year ago. Profit for the period was INR 180.2 million compared to INR 227.6 million a year ago. Basic EPS was INR 0.11 against INR 0.17 a year ago.
For the nine months, on consolidated basis, the company reported revenue from operations of INR 8,363.4 million compared to INR 7,268.0 million a year ago. Total income was INR 8,363.4 million against INR 7,268.0 million a year ago. Profit for the period was INR 329.4 million compared to INR 473.2 million a year ago. Basic EPS was INR 0.20 against INR 0.36 a year ago.
For the quarter, on standalone basis, the company reported revenue from operations of INR 742.7 million compared to INR 581.2 million a year ago. Total income was INR 2,058.3 million against INR 663.7 million a year ago. Profit for the period was INR 1,102.5 million compared to loss of INR 21.0 million a year ago. Basic EPS was INR 0.68 against LPS of INR 0.02 a year ago.
For the nine months, on standalone basis, the company reported revenue from operations of INR 2,086.4 million compared to INR 1,712.2 million a year ago. Total income was INR 3,513.9 million against INR 1,918.0 million a year ago. Profit for the period was INR 2,283.9 million compared to loss of INR 1,144.8 million a year ago. Basic EPS was INR 1.41 against LPS of INR 0.86 a year ago.
3i Infotech Limited is an India-based company, which provides information technology services and software solutions. The Company operates through three segments: Enterprise Services, Professional Services, and Digital Business Services. The Enterprise Services segment includes ADMS, ISMS, Testing, Classic business process services (BPS), and MVS, among others. The Professional Services segment includes Human Capital Management Services. The Companyâs Digital Business Services segment includes IT & Digital Consulting, application-automation analytics (AAA), Digital IMS, CloudFirst, Oracle COE, GCC, Cyber SOC, Digital BPS, Cognitive Computing Services, 5G Lab as Service, Private 5G, IoT, Security Services, Secure Access Service Edge (SASE), AgriTech, TME, Edge Computing, Edge Analytics, NuRe Campus, and FutureTech among others. NuRe is the brand launched by the Company to offer its new products/services, such as NuRe Edge, NuRe 3i, NuRe Desk, NuRe 3i+, and NuRe CloudFirst.