Net profit of Intrasoft Technologies reported to Rs 1.98 crore in the quarter ended June 2020 as against net loss of Rs 0.26 crore during the previous quarter ended June 2019. Sales rose 41.50% to Rs 2.08 crore in the quarter ended June 2020 as against Rs 1.47 crore during the previous quarter ended June 2019.

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Intrasoft Technologies will hold a meeting of the Board of Directors of the Company on 11 September 2020.

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Intrasoft Technologies announced that the Board of Directors of the Company at its meeting held on 30 June 2020, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net loss of Intrasoft Technologies reported to Rs 0.05 crore in the quarter ended March 2020 as against net profit of Rs 2.31 crore during the previous quarter ended March 2019. Sales declined 27.24% to Rs 124.52 crore in the quarter ended March 2020 as against Rs 171.14 crore during the previous quarter ended March 2019.

For the full year,net profit declined 62.72% to Rs 2.11 crore in the year ended March 2020 as against Rs 5.66 crore during the previous year ended March 2019. Sales declined 29.39% to Rs 590.68 crore in the year ended March 2020 as against Rs 836.55 crore during the previous year ended March 2019.

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