NewsEarningsIntrasoft Technologies Reports 37% Jump in Quarterly Net Profit to 723 Million RupeesIntrasoft Technologies Reports 37% Jump in Quarterly Net Profit to 723 Million Rupees
Intrasoft Technologies announced a consolidated net profit of 723.00 million rupees, a 37% year-on-year increase. Total income rose by 30% to 1.02 billion rupees. However, income statement data shows different figures, with revenue at 4.10 crore rupees and net profit at 0.10 crore rupees. EPS improved to 0.08 rupees from 0.03 rupees in the previous quarter, marking a 166.67% growth.
*this image is generated using AI for illustrative purposes only.
Intrasoft Technologies , a prominent player in the Indian market, has announced a significant increase in its financial performance for the latest quarter. The company reported a consolidated net profit of 723.00 million rupees, marking a substantial year-on-year growth of 37% from 527.00 million rupees in the same period last year.
Revenue Growth
The company's total income also saw a notable rise, reaching 1.02 billion rupees compared to 784.00 million rupees in the corresponding quarter of the previous year. This represents a healthy increase of approximately 30% in total income.
Financial Performance Analysis
While the reported figures show impressive growth, it's important to note that the income statement data retrieved from our financial tools presents a different picture for the most recent quarter. This discrepancy could be due to timing differences or updates in financial reporting.
According to the income statement data:
| Metric (in crore Rs) | Current Quarter | Previous Quarter | Year-on-Year Change |
|---|---|---|---|
| Revenue | 4.10 | 4.30 | -4.65% |
| Net Profit | 0.10 | 0.00 | N/A |
| EPS (in Rs) | 0.08 | 0.03 | +166.67% |
Operating Performance
The company's operating profit for the most recent quarter stood at 1.20 crore rupees, showing a slight decrease from 1.40 crore rupees in the previous quarter. However, this represents a significant improvement from 0.50 crore rupees reported three quarters ago.
Earnings Per Share (EPS)
Intrasoft Technologies' earnings per share (EPS) for the quarter increased to 0.08 rupees, up from 0.03 rupees in the previous quarter, indicating a strong 166.67% growth in this key metric.
Conclusion
While the reported figures and the income statement data show some variations, both sets of information point towards a positive trend in Intrasoft Technologies' financial performance. The company has demonstrated growth in net profit and total income, which could be attributed to improved operational efficiency or favorable market conditions.
Investors and stakeholders will likely be pleased with the overall positive trajectory of Intrasoft Technologies' financial results. However, it's advisable to consider the full context of the company's performance and any potential factors that might have contributed to the differences between reported figures and standard financial statements.
Historical Stock Returns for Intrasoft Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.08% | +4.88% | -7.04% | -17.51% | -18.90% | +67.52% |
18
