Stock Report

Indian Infotech and Software Ltd Q1FY24 net profit at Rs. 33.34 crore

Posted On : 2023-07-10 19:06:05( TIMEZONE : IST )

INDIAN INFOTECH & SOFTWARE LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 4.90 crores during the period ended June 30, 2023 as compared to Rs. 40.1613 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 3.3453 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. -5.1395 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 0.0333 for the period ended June 30, 2023 as compared to Rs. -0.0511 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 4.90 crs	₹40.1613 crs	-87.80%
Net Profit	₹3.3453 crs	₹-5.1395 crs	165.09%
EPS	₹0.0333	₹-0.0511	165.17%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 4.90 crores during the period ended June 30, 2023 as compared to Rs.2.30 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.3.3453 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.2.0135 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.0.0333 for the period ended June 30, 2023 as compared to Rs.0.02 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 4.90 crs	₹2.30 crs	113.04%
Net Profit	₹3.3453 crs	₹2.0135 crs	66.14%
EPS	₹0.0333	₹0.02	66.50%

Shares of INDIAN INFOTECH & SOFTWARE LTD. was last trading in BSE at Rs. 2.32 as compared to the previous close of Rs. 2.21. The total number of shares traded during the day was 5733852 in over 2872 trades.

The stock hit an intraday high of Rs. 2.32 and intraday low of 2.32. The net turnover during the day was Rs. 13302536.00.