Infronics Systems
30.69
-0.70(-2.23%)
Market Cap₹24.90 Cr
PE Ratio22.11
Company Performance:
1D-2.23%
1M-7.14%
6M-19.00%
1Y-39.55%
5Y+408.11%
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Latest news about Infronics Systems
Infronics Systems Reports Zero Revenue and Rs 17 Lakh Loss in Q1 2 days ago
Infronics Systems Limited faced a challenging first quarter with zero revenue and a net loss of Rs 17.03 lakhs, compared to Rs 79.06 lakhs revenue and Rs 43.93 lakhs profit in the same quarter last year. The revenue decline is due to the conclusion of SMS service contracts with BSNL. The company is exploring new technological product development while dealing with a disputed Rs 12.05 crore demand notice from M/s Mudunuru Limited. Management assures sufficient cash to settle current and near-future liabilities.
Infronics Systems Addresses ₹12.05 Crore Demand and Going Concern Issues in Q1 Results 4 days ago