24 Sep 2020 | 1:54 PM

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Intrasoft Technologi posts Q3 net profit of Rs 0.40 cr
  Intrasoft Technologies Ltd. | 16 Jan 2020 | 03:49 PM
Published on 02-13-2019
The company reported standalone net profit during the quarter stood at Rs 0.40 crore compared to net loss of Rs 0.41 crore in the previous year quarter.


Net revenue of the company declined substantially by 31.34 per cent at Rs 1.49 crore in October-December quarter of this fiscal as against Rs 2.17 crore in the corresponding period last year.


During October-December quarter operating expenses dropped by 22.44 per cent to Rs 2.35 crore from Rs 3.03 crore in year ago period.


Other Income grew by 138.71 per cent at Rs 1.48 crore versus (Dec`17 Rs 0.62 crore).


Operating Profit surged by 0.00 per cent to Rs -0.86 crore as against Rs -0.86 crore in the year ago period while Operating Profit Margin (OPM) contracted year-on-year to 45.97 per cent in December quarter.


Taxation decreased by 60.00 per cent at Rs -0.08 crore (Dec`17 Rs -0.20 crore).