3i Infotech reports standalone net profit of Rs 5.72 crore in the March 2017 quarter

Sales decline 24.34% to Rs 66.99 crore
Net profit of 3i Infotech reported to Rs 5.72 crore in the quarter ended March 2017 as against net loss of Rs 314.71 crore during the previous quarter ended March 2016. Sales declined 24.34% to Rs 66.99 crore in the quarter ended March 2017 as against Rs 88.54 crore during the previous quarter ended March 2016.For the full year,net profit reported to Rs 92.26 crore in the year ended March 2017 as against net loss of Rs 539.70 crore during the previous year ended March 2016. Sales declined 19.13% to Rs 279.07 crore in the year ended March 2017 as against Rs 345.09 crore during the previous year ended March 2016.
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales66.9988.54 -24 279.07345.09 -19 OPM %14.2454.28 -42.9518.68 - PBDT6.0661.27 -90 98.40-14.92 LP PBT4.356.27 -31 91.09-225.54 LP NP5.72-314.71 LP 92.26-539.70 LP
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First Published: May 02 2017 | 12:58 PM IST
