IntraSoft Technologies Reports Q2 FY2026 Results: Revenue Up, Profit Down Amid Business Model Transformation
IntraSoft Technologies announced Q2 FY2026 results with revenue increasing 5.53% to ₹13,251.45 crore, while Profit After Tax decreased 12.89% to ₹341.21 crore compared to Q2 FY2025. The company is transitioning from an inventory-heavy model to a vendor-direct model, aiming to reduce costs and improve efficiency. IntraSoft's e-commerce subsidiary, 123 Stores, remains among the top 300 retailers on Amazon US. Future focus includes expanding brand partnerships, investing in AI technology, and enhancing operational scalability.

*this image is generated using AI for illustrative purposes only.
Intrasoft Technologies , a leading e-commerce retailer, has announced its financial results for the second quarter of fiscal year 2025-2026, showcasing revenue growth amidst ongoing business model transformation.
Financial Highlights
For the quarter ended September 30, 2025, IntraSoft Technologies reported:
| Metric | Q2 FY2026 | Q2 FY2025 | YoY Change |
|---|---|---|---|
| Revenue | ₹13,251.45 crore | ₹12,557.31 crore | +5.53% |
| Profit After Tax | ₹341.21 crore | ₹391.69 crore | -12.89% |
Business Performance
IntraSoft Technologies, through its e-commerce subsidiary 123 Stores, has maintained its position among the top 300 retailers on the Amazon US marketplace. The company offers an extensive product range of over 150,000 items across major categories.
Strategic Transformation
The company has been undergoing a significant transformation from an inventory-heavy model to a vendor-direct model. This shift aims to:
- Reduce working capital requirements
- Lower debt levels
- Minimize shipping, storage, and inventory holding costs
The vendor-direct model involves shipping products directly from brand warehouses to consumers, enhancing operational efficiency.
Future Outlook
IntraSoft Technologies has outlined key focus areas for future growth:
- Expanding the brand partner network to increase product offerings
- Investing in technology innovation, including artificial intelligence capabilities
- Enhancing the scalability of operations through improved technology infrastructure
Management Commentary
Arvind Kajaria, Managing Director of IntraSoft Technologies, stated, "We're building on the strength of our vendor-direct model while transforming into a dynamic, technology-driven platform. By continually investing in our people, systems, and processes, we're laying the groundwork for smarter, more sustainable growth."
He added, "As we move forward, our goal is to create enduring value for our brand partners and customers alike. We deeply value the partnerships we've built over the years and will continue to nurture them through innovation, operational excellence, and an unwavering commitment to quality at every stage."
Conclusion
IntraSoft Technologies' Q2 FY2026 results reflect the company's ongoing transition towards a more efficient business model. While revenue has shown growth, the decrease in profit underscores the challenges and investments associated with this transformation. The company's focus on expanding its brand partnerships and technological capabilities positions it for potential long-term growth in the competitive e-commerce landscape.
Investors and stakeholders will be watching closely to see how IntraSoft Technologies' strategic shifts translate into financial performance in the coming quarters.
Historical Stock Returns for Intrasoft Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.20% | -2.13% | -5.35% | -6.93% | -30.01% | +37.11% |




























