Performance Highlights for Q1 FY27 (Consolidated)

  • Operating Revenue: ₹177.9 crore, representing 4.3% year-over-year (YoY) growth from ₹170.5 crore in Q1 FY26 and 1.3% quarter-over-quarter (QoQ) growth.
  • Gross Margin: 14.4% in Q1 FY27, improved from 11.2% in Q1 FY26. Gross profit stood at ₹25.7 crore (vs. ₹22.1 crore in Q4 FY26 and ₹19.1 crore in Q1 FY26).
  • EBITDA: ₹11.5 crore with a margin of 6.4%. This compares to ₹18.1 crore in Q1 FY26, which included a one-time other income from US on ECS credit of ₹18.4 crore.
  • PAT: ₹6.5 crore (vs. ₹7.3 crore in Q4 FY26 and ₹7.5 crore in Q1 FY26).
  • EPS: ₹0.31 for the quarter.
  • Order Bookings: Total Contract Value (TCV) of ₹240.9 crore and Annual Contract Value (ACV) of ₹195.6 crore secured during the quarter.

Performance Highlights for Q1 FY27 (Standalone)

  • Operating Revenue: ₹75.1 crore (vs. ₹74.8 crore in Q4 FY26).
  • PAT: ₹6.6 crore (vs. ₹13.7 crore in Q4 FY26 and ₹1.4 crore in Q1 FY26).

Business Segment Performance (Q1 FY27)

  • Application, Automation & Analytics (AAA): Largest segment contributing 73.5% of total revenue.
  • Infrastructure Services (IS): Contributed 18.7% of total revenue.
  • Business Process Services (BPS): Accounted for 7.8% of total revenue.

Industry Vertical Performance (Q1 FY27)

  • IT sector: Largest vertical contributing 46.0% of revenue.
  • BFSI: Contributed 32.9% of revenue.

Geographic Performance (Q1 FY27)

  • India: Revenue stood at ₹66.6 crore, increasing 4.9% QoQ from ₹63.5 crore in Q4 FY26.
  • U.S.: Revenue stood at ₹91.2 crore, decreasing 7.2% QoQ from ₹98.3 crore in Q4 FY26.
  • APAC: Revenue was ₹4.3 crore, stable QoQ.
  • MEA: Revenue increased to ₹15.9 crore, recording 64.0% QoQ growth from ₹9.7 crore in Q4 FY26.

Operational Highlights

  • New Client Wins: 25+ new clients added during Q1 FY27.
  • Employee Strength: 3,596 employees as of Q1 FY27, with women comprising 25% of workforce.
  • Voluntary Attrition: 9% in Q1 FY27.
  • Cybersecurity Incident: Successfully managed a cybersecurity incident by activating established incident response framework with a CERT-In empanelled forensic auditor. Critical operations were restored within short timeframe with no material impact on business continuity or client delivery. The company has further strengthened cybersecurity posture through enhanced monitoring, SIEM optimisation, advanced endpoint protection, network segmentation, geofencing, and other security enhancements.

Management Commentary

Mr. Raj Ahuja, Group CEO, commented on the Q1 FY27 performance, highlighting disciplined execution of strategic priorities outlined at the beginning of FY27. Key points include:

  • Focus on strengthening leadership team with appointment of experienced business and sales leaders
  • Operationalisation of Centre of Excellence (CoE)-led operating model across the organization
  • Reinforcement of commitment to six strategic priorities: People, Process, Productivity, Platform, Partnering and Profitability
  • Focus on maintaining disciplined capital allocation and operational excellence
  • Confidence in positioning to capitalize on AI-enabled, cloud-first and platform-led transformation opportunities
  • Advancement of Vision 2030 ambitions

Key Deal Wins (Q1 FY27)

The company secured multiple significant contracts including:

  • Hindustan Petroleum Corporation Limited for IT Facility Management Services
  • VaporVM IT Services DMCC for professional services engagement in UAE
  • National Commodity & Derivatives Exchange Limited for managed services renewal
  • SBI General Insurance Company Limited for DWBI engagement renewal
  • Leading City Gas Distribution Company for call centre operations
  • Ohio Transmission LLC for contracts monitoring and administrative support
  • Leading Public Sector General Insurance Company for biometric Two-Factor Authentication solution
  • Global Research & Publishing Solutions Company for AWS Cloud Billing Services
  • Multiple other government and enterprise contracts across India, US, APAC and Middle East

Company Overview

3i Infotech Limited, incorporated in 1993 and headquartered in Mumbai, provides IT services and software solutions with over 30 years of experience. The company operates through three business segments: Application, Automation & Analytics (AAA), Infrastructure Services (IS), and Business Process Services (BPS). The company has over 3,700 employees and serves over 300 clients globally.