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3i infotech share price: 3i Infotech shares climb over 5% after subsidiary signs MoU to set up AI lab

Shares of 3i Infotech, a smallcap IT firm, rose 5.6% to INR35.6 ($0.48) on 22 September on news that its NuRe FutureTech subsidiary had signed an MOU with an engineering college in Chennai to establish an artificial intelligence lab. 3i Infotech opened an office at IIT Madras Research Park in Chennai earlier this year to work on next-gen technologies. The new partnership aims to bridge the skill gap in industry and will pave the way for similar initiatives, according to the company s CEO. ....

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3i Infotech Global Reports Annual Revenue of Rs. 729.1 crore PBT up by 129%; India business grows 27.5% YoY to Rs. 267 crores

Mumbai: 3i Infotech Limited (BSE: 532628, NSE: 3IINFOLTD),a leading digital transformation and technology solutions provider company, announced its consolidated financial results for the fourth quarter and the full year of FY23 ended March 31st, 2023 ....

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3i Infotech Global Reports Annual Revenue of Rs. 729.1 crore PBT up by 129%; India business grows 27.5% YoY to Rs. 267 crores

3i Infotech announced its consolidated financial results for the fourth quarter and the full year of FY23 ended March 31st, 2023. The company reported consolidated revenue of Rs 729.1 crore in FY23 with 7.7% YoY and 4.5% QoQ growth. Having onboarded 46 new logos in FY23, the company has good visibility for confirmed order books which will be supplemented with new wins as we go through the year. Leveraging its new products and technologically powered platforms, 3i Infotech's revenue mix is shifting from classic enterprises to next-generation businesses.  ....

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