3i Infotech said its net loss for the quarter ended June 2015 has narrowed to Rs 740.20. During the quarter, the in the same quarter previous year.
Revenues for the quarter declined 24.48% to Rs 2,745.90 million, compared with Rs 3,635.80 million for the prior year period.
Operating margin for the quarter stood at negative 9.81 percent as compared to a negative 10.50 percent for the previous year period. Operating loss for the quarter was Rs 269.40 million, compared with an operating loss of Rs 381.90 million in the previous year period.
Earnings per share stood negative at Rs 1.30 compared with negative Rs 1.88 in the same quarter last year.
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 2,745.90 | 3,635.80 | (24.48) |
| Net Profit | (740.20) | (1,027.20) | - |
| Diluted EPS | (1.30) | (1.88) | - |
Shares of the company gained Rs 0.09, or 2.28%, to settle at Rs 4.04. The total volume of shares traded was 587,325 at the BSE (Tuesday).
