Intrasoft Technologies announced that the Board of Directors of the Company at its meeting held on 28 May 2019, inter alia, have recommended the final dividend of Rs 2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Net profit of Intrasoft Technologies rose 110.00% to Rs 2.31 crore in the quarter ended March 2019 as against Rs 1.10 crore during the previous quarter ended March 2018. Sales declined 39.83% to Rs 171.14 crore in the quarter ended March 2019 as against Rs 284.45 crore during the previous quarter ended March 2018.

For the full year,net profit declined 58.78% to Rs 5.66 crore in the year ended March 2019 as against Rs 13.73 crore during the previous year ended March 2018. Sales declined 28.49% to Rs 836.55 crore in the year ended March 2019 as against Rs 1169.87 crore during the previous year ended March 2018.

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Net profit of Intrasoft Technologies rose 381.08% to Rs 1.78 crore in the quarter ended March 2019 as against Rs 0.37 crore during the previous quarter ended March 2018. Sales rose 23.56% to Rs 2.78 crore in the quarter ended March 2019 as against Rs 2.25 crore during the previous quarter ended March 2018.

For the full year,net profit rose 31.20% to Rs 1.64 crore in the year ended March 2019 as against Rs 1.25 crore during the previous year ended March 2018. Sales declined 19.71% to Rs 7.66 crore in the year ended March 2019 as against Rs 9.54 crore during the previous year ended March 2018.

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Intrasoft Technologies will hold a meeting of the Board of Directors of the Company on 28 May 2019.

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