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Intrasoft’s revenues rise 31% to Rs 216.10 crore in Q4FY17

Intrasoft, the parent company of e-commerce store 123stores, has posted revenues of Rs 216.10 crore for the quarter ended March 31  2017 (Q4-FY17). This was a rise of 16% year-on-year (YoY) from Rs 186.62 crore in Q4-FY16, however, there was  23%  drop from Rs 281.76 crore in the preceding quarter. The company’s revenue for the whole year stood at Rs 939.01 crore which was an increase of 31% as compared to the total revenues for the previous year which was Rs 716.87 crore. The profits for FY17 was Rs 13.30 crore an increase by 94% from the previous year of Rs 7.10 crore. The company also generated a free cash flow of Rs 35 crore this year. Net profit for the year stood at Rs. 13.8 crore up by 94% from Rs 7.10 crore. For the quarter, Intrasoft posted a net loss…

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