3i Infotech Posts Q1 FY27 Profit Of ₹6.60 Crore

Mumbai-based 3i Infotech has reported a consolidated net profit of ₹6.60 crore for the quarter ended June 30, 2026, a substantial increase from ₹1.40 crore in the same quarter last year. The company's consolidated revenue from operations stood at ₹177.94 crore for the quarter.

The company's total consolidated income for the quarter reached ₹183.87 crore, up from ₹176.22 crore in the preceding quarter. Total expenses for the quarter were ₹174.43 crore, compared to ₹172.13 crore in the previous quarter.

The company's Application, Automation, Analytics (AAA) segment generated ₹130.36 crore in revenue, while Infrastructure Services (IS) contributed ₹33.30 crore, and Business Process Services (BPS) brought in ₹13.99 crore.

3i Infotech's order book stood at ₹240.9 crore, with an Annual Contract Value (ACV) of ₹195.6 crore in Q1 FY27. The company's revenue grew 4.3% year-on-year.

The Board of Directors has approved the appointment of Sanjay Vatsa as an additional director, effective July 24, 2026. Ambarish Dasgupta, a non-independent non-executive director, will retire by rotation at the upcoming 33rd Annual General Meeting (AGM) and will not seek re-appointment.

The company has also announced the conversion of an outstanding loan of ₹9.88 crore, along with interest amounting to ₹1.23 crore, granted to its wholly owned subsidiary NuRe FutureTech Private Limited, into redeemable preference shares. A fresh infusion of ₹2 crore will be made by subscribing to redeemable preference shares of NuRe FutureTech.

The 33rd AGM of the company will be convened on Friday, August 28, 2026. The company's earnings per share (EPS) on a consolidated basis increased to ₹0.32 for the quarter ended June 30, 2026, from ₹0.08 in the year-ago period.

The significant rise in net profit and revenue growth is a positive sign for the company, indicating a strong performance in the quarter. The company's focus on expanding its services and investing in new businesses is expected to drive growth in the future.

The appointment of new directors and the conversion of loans into redeemable preference shares are expected to strengthen the company's management and financial position. The upcoming AGM will provide an opportunity for shareholders to approve the appointments and other proposals.

Overall, 3i Infotech's Q1 FY27 results indicate a strong performance, with significant growth in revenue and net profit. The company's focus on expanding its services and investing in new businesses is expected to drive growth in the future.