For its first quarter of the 2012-2013 fiscal (Q1-FY13), ended June 30, 2012, Intrasoft Technologies, which owns and operates the e-greeting cards site 123greetings.com, has reported a Consolidated Profit After Tax (PAT) of Rs 0.26 crore, down by 82.9% from Rs 1.53 crore for the same quarter last year. This is on an income (not including ‘Other Income’) of Rs 18.02 crore up by 66% YoY from Rs 10.88 crore, but a marginal decline compared to last quarter’s income of Rs 18.50 crore. The Operating EBITDA (Earnings before interest, taxes, depreciation and amortization) stood at Rs 1.84 crore, a 45.91% increase from Rs 1.26 crores in the same quarter last year. These consolidated results include the results of the company’s wholly owned subsidiaries, 123Greetings.com, Inc(USA), 123Greetings Singapore and One Two Three Greetings(India). 123Greetings primarily targets the US market. Operational Highlights - 123Greetings Store, the company’s online gifting e-commerce business shipped a total of 36,263 orders during the quarter, up from 14,358 orders in the same quarter last year; averaging around 407 orders / day, from an active base of 250 vendors. The Store has a total of 71,188 products on its websites & marketplaces as of June 30, 2012. - 123Greetings Ecards witnessed an addition of 1,541 new cards in the quarter. It added a new ‘Send Another Card' feature to allow users to send more greetings in a single click on the same page. - 123Greetings Connect saw the total number of registered users at 1,817,789 as on June 30, 2012, registering a 37% growth when compared…
