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3i Infotech Standalone September 2023 Net Sales at Rs 91.07 crore, up 32.72% Y-o-Y

3i Infotech Consolidated September 2023 Net Sales at Rs 210.28 crore, up 18.72% Y-o-Y

The total contract value is Rs 39.55 crore plus one-time transition charges of Rs 35 lakh.

3i Infotech shares up 3% on contract win worth Rs 39.55 crore

3i Infotech announced that the 30th Annual General Meeting (AGM) of the company will be held on 23 September 2023.

3i Infotech to convene AGM

3i Infotech announced its partnership with InsureMO, a world leading Insurance Middleware Platform. InsureMO collaborates with various sectors, driving monumental changes specifically designed for the insurance industry. This Partnership will help 3i Infotech to expand its services offering with implementation capabilities for InsureMO platform which modernize &amp; transform the insurance providers offerings without changing their core solutions. The InsureMO platform serves as a digital insurance middle office platform for a plethora of entities, including insurers, brokers, agents, channels, insurtechs, and startups. This positions them to enable use cases for any product and channel, granting insurance carriers the capability to not only modernise their systems but to also strategize better in terms of distribution. 3i Infotech has long been a dominant player in the IT domain, catering to a broad spectrum of clients. This partnership will enhance and accelerate the transformative journey, synergizing the competencies of both companies. By doing so, the customers will witness reductions in underwriting operational costs, quicker insurance product rollouts, and a streamlined DevOps cycle for the creation of microservices and web applications.

3i Infotech collaborates with InsureMO

This partnership allows 3i Infotech to expand its services by implementing the InsureMO platform, which modernizes and transforms insurance providers offerings without changing their core solutions. InsureMO serves as a digital insurance middle office platform for various entities in the insurance industry. This partnership will enhance the transformative journey for both companies and result in reduced operational costs, faster insurance product rollouts, and streamlined DevOps cycle for creating microservices and web applications.Rishi Agrawal, chief technology officer, 3i Infotech remarked, As 3i Infotech embarks on a promising phase of growth, finding partners who resonate with our vision is paramount. With InsureMO, we believe we have found the ideal collaborator. Leveraging their advanced platform and our expertise, our goal is to introduce a pioneering and transformative digital PaaS solution tailored for enterprises.Mumbai-based 3i Infotech provides information technology services and software solutions. The company operates through three segments: Enterprise Services, Professional Services, and Digital Business Services, offering a wide range of services including consulting, automation, analytics, cybersecurity, and more.In the quarter ended June 2023, 3i Infotech reported a net loss of Rs 15.59 crore, which is higher than the net loss of Rs 1.52 crore in Q1 June 2022. However, there was a increase in sales, with a YoY growth of 8.46% to Rs 194.38 crore in Q1 June 2023.

3i Infotech hits the roof on partnering InsureMO

3i Infotech announced that the Annual General Meeting (AGM) of the company will be held on 25 September 2023.

3i Infotech schedules AGM

The share touched a 52-week high of Rs 54.20 and a 52-week low of Rs 25.93 on September 12, 2022 and March 28, 2023, respectively.

3i infotech shares gain nearly 9% on order win worth Rs 42.6 crore

This partnership aims to establish a path-breaking AI lab at SRM Valliammai Engineering College in Chennai, the company said.

3i Infotech spurts 3.65% after subsidiary inks pact to set up AI lab

3i Infotech Consolidated March 2023 Net Sales at Rs 190.46 crore, up 8.44% Y-o-Y

3i Infotech Ltd. is a holding company, which engages in the provision of information technology solutions. It operates through the Information Technology Solutions and Transaction Services segments. The Information Technology Solutions segment offers software products and information technology enabled services. The Transaction Services segment comprises of the knowledge processing outsourcing and business processing outsourcing services. The company was founded on October 11, 1993 and is headquartered in Navi Mumbai, India.

Watchers	55
52-Wk Low	26.25
52-Wk High	50.95

Market Cap	7.82B
Volume (M)	1.15M
52-Wk High	50.95
52-Wk Low	26.25

Current Price	44.60
Prev Close	46.50
Open	46.85
Dividend Yield	0.00%
50-Day Moving Average	39.49
Beta	0.00
Avg. Volume	3.64M
PE Ratio	-4.08

52-Week High	50.95
52-Week Low	26.25
Market Capitalization	7.82B
EPS	-10.92
Price to Book	1.77
Revenue Per Employee	899,271.26
Enterprise Value/EBITDA	-26.02

3IINFOLTD.NSE 3i Infotech Ltd.

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