Intrasoft Technologies Limited — Updates, 13-02-2025: Press Release

IntraSoft Technologies Limited has reported strong financial performance for the third quarter of FY 2024-2025. Revenue reached ₹128.34 Cr, up from ₹123.00 Cr in the same quarter last year, indicating solid growth. Profit after Tax also improved significantly to ₹2.71 Cr, compared to ₹2.22 Cr previously. For the nine-month period, revenue totaled ₹377.15 Cr, an increase from ₹363.96 Cr, while Profit after Tax surged to ₹10.33 Cr, up from ₹7.44 Cr in the prior year.

The company is focusing on enhancing its vendor direct business model and evolving into a technology-centric platform, with plans for strategic investments aimed at boosting efficiency and long-term growth. Market presence is reinforced through its E-Commerce arm, 123Stores, which facilitates sales for small and medium enterprises on the Amazon USA marketplace. Overall, this positive performance alongside strategic initiatives suggests a favorable outlook for IntraSoft Technologies' continued expansion in the e-commerce landscape. Investors should watch closely for further developments.