5326282026-04-012026-06-305326282026-06-305326282026-04-012026-06-30in-capmkt:OtherExpenses1Member5326282026-04-012026-06-30in-capmkt:OtherExpenses2Member5326282026-06-30Statement15326282026-04-012026-06-30Statement15326282026-06-30StatementDynamic1I1Statement15326282026-06-30StatementDynamic1I2Statement15326282026-06-30StatementDynamic1I3Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares5326283IINFOLTDNOTLISTEDINE748C010383i Infotech LimitedMain BoardEquity2026-04-012027-03-312026-07-232026-07-14INRLakhsQuarterlyFirst quarterSingle segmentNA2026-07-2316:20:002026-07-2317:17:00Not applicabletrue1falseFunds have not been raised during current quarter. However, 'No. of times funds raised during the quarter' option has been selected as 1 to avoid validation error.2026-04-012026-06-30UnauditedStandalone75100000059300000810300000000483700000850000037700000214400000744300000660000000660000000000660000000000660000000660000002074000000100.320.32000.320.321. The standalone financial results for the quarter ended June 30, 2026 have been extracted from the unaudited standalone financial statements prepared in accordance with the Indian Accounting Standards (Ind-AS) 34 ‘Interim Financial Reporting’ as prescribed under Section 133 of the Companies Act, 2013 read with Rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and relevant amendment rules issued thereafter. These standalone financial results have been reviewed and recommended by the Audit Committee and thereafter approved by the Board of Directors at their respective meetings held on July 23, 2026. <br /> <br /> <br /> 2. Other income for the quarter ended June 30, 2026 includes interest income on fixed deposits, bonds and loans to related parties, sundry balances written back, fair valuation gain on investment, foreign exchange gain (net) and miscellaneous incomes. <br /> <br /> 3. As required under Ind AS 115 "Revenue from Contracts with Customers'', unbilled revenue is accounted on estimate basis in respect of contracts where the contractual right to consideration is based on completion of contractual milestones as confirmed by the technical team and subsequently billed to customers based on their acceptance. <br /> <br /> <br /> 4. The segment information, pursuant to the requirement of Ind AS 108 "Operating Segments", is given as a part of the consolidated financial results. <br /> <br /> 5. As reported earlier, the Company had undertaken forensic audit in respect of certain legacy matters pertaining to the period prior to March 31, 2021 under the erstwhile management. The Company had engaged an external consultant to conduct the forensic audit and the final report submitted by them was reviewed and accepted by the Board of Directors at its meeting held on January 29, 2025. Based on the findings and observations of the final report, there were no further implications or adverse financial impact on the current or future financial and operational position of the Company, other than those already appropriately accounted for in the financial statements. <br /> <br /> Pursuant to the recommendations of the Audit Committee and based on legal opinions obtained, the Board of Directors, at its meeting held on May 14, 2025, had constituted a High-Powered Committee, comprising of external experts, to review the legal opinions and advise on the appropriate course of action. The High-Powered Committee submitted its report to the Company on November 5, 2025. The Board of Directors of the Company at its meeting held on November 12, 2025 reviewed and accepted the report, including its recommendations and accordingly decided to initiate appropriate legal actions. <br /> <br /> Accordingly, the Company had filed a complaint with Additional Commissioner of Police, Economic Offences Wing, Belapur on February 3, 2026 and with the SEBI on February 12, 2026 to investigate this matter. <br /> <br /> The matter is currently under investigation. The Company continues to monitor the progress of the same and will take such further actions as may be deemed necessary. <br /> <br /> <br /> 6. The current status and accounting impact of above mentioned inter-company issues have been explained below: <br /> <br /> a. The Company has an outstanding liability payable towards purchase of Intellectual Property Rights (IPR), since 2012 to its foreign branch in Dubai/3i Infotech (Middle East) FZ LLC amounting to INR 1,06,638.84 Lakhs. The liability towards purchase of IPR was not settled by the Company within the time limit prescribed under FEMA Regulations and the Company had approached Reserve Bank of India (RBI) in 2013 through authorized dealer to extend the timeline for repayment of the aforesaid liability till March 31, 2017. <br /> <br /> Not being able to settle the liability even by 2017, the Company had thereafter made an application to the Reserve Bank of India (RBI), through its authorized dealer vide letter dated March 05, 2019 and subsequently on October 23, 2020, for set – off of the liability/ payables to foreign branch in Dubai/ 3i Infotech (Middle East) FZ LLC of INR 1,06,638.84 Lakhs against its trade receivables then due from 3i Infotech Inc, 3i Saudi Arabia and 3i Africa of INR 39,233.00 Lakhs, INR 11,347.00 Lakhs and INR 3,046.00 Lakhs respectively. The Company has not received the RBI approval till reporting date. <br /> <br /> <br /> b. The Company is carrying certain long outstanding receivables from various foreign subsidiaries (including shown above) amounting to INR 44,710.82 Lakhs as at June 30, 2026. Considering the current market scenario and low operations in many of the subsidiaries, and even though the Company has a net payable position with respect to the receivables and payables balances of its subsidiaries, the Company recognized a loss allowance amounting to INR 33,645.96 Lakhs till June 30, 2026 on a conservative and prudent basis. The net balance outstanding from subsidiaries (net off provisions) is INR 11,064.85 Lakhs as at June 30, 2026. <br /> <br /> <br /> c. The Company had made investments in Equity and Redeemable Convertible Preference Shares of 3i Infotech Holdings Private Limited in Mauritius between 2006-07 to 2011-12. The Company has recognized a provision for diminution in value of investments of INR 89,169.65 Lakhs till June 30, 2026. The net outstanding balance of investment in this subsidiary is INR 86,179.02 Lakhs. <br /> <br /> The Company had not been able to meet its obligation of payment of INR 1,06,638.84 Lakhs to its foreign branch in Dubai/3i Infotech (Middle East) FZ LLC, consequently leading to a cascading effect of 3i Infotech FZLLC not being able to payback amount due to 3i Infotech Inc. and 3i Infotech Holdings Pvt Ltd in Mauritius. Further, it has had a cascading effect of 3i Infotech Inc. not being able to redeem the preference shares issued by it to 3i Infotech Holdings Pvt Ltd. In view of the non-realization of the preference shares in 3i Infotech Inc and the loan to 3i Infotech (Middle East) FZLLC, 3i Infotech Holdings Pvt Ltd has not been able to redeem the preference shares of 3i Infotech Limited. Thus, effectively non-payment of the obligation of INR 1,06,638.84 Lakhs by the Company to its foreign branch in Dubai/3i Infotech (Middle East) FZ LLC has led to the non-realization of the preference shares invested in by the Company. <br /> <br /> There is no major change in the quantum of investments/receivables and payables from/to these subsidiaries since 2012. It has always been the intention to settle the receivables and payables on a net basis, subject to the legal and the regulatory approvals. The Company has made impairment provisions against receivables and investments on a prudent and conservative basis in view of the delay in obtaining the legal and regulatory approvals. As and when such approvals are received in future, the estimate of the recoverable amounts will be suitably revised. <br /> <br /> 7. Material accounting policies in preparation of these standalone financial statements are consistent with those followed in the annual audited financial statements for the year ended March 31, 2026. <br /> <br /> 8. The Statutory Auditors of the Company have conducted a limited review of the standalone financial results for the quarter ended June 30, 2026 pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and have expressed unmodified conclusion in their review report. <br /> <br /> <br /> 9. Figures for the previous periods have been regrouped / rearranged / reclassified wherever necessary to make them comparable with those of current period. <br /> <br /> <br /> 10. The results for the quarter ended June 30, 2026 are available on BSE Limited’s website (www.bseindia.com), National Stock Exchange of India Limited’s website (www.nseindia.com) and on the Company’s website (www.3i-infotech.com). <br /> Cost of third party products and services110400000Other expenses104000000000Rights Issues2025-10-286410390002026-06-30trueInfomerics Valuation and Rating LimitedfalseNANANARaj AhujaCEONavi Mumbai2026-07-23To augment the existing and incremental working capital requirement of the companyNA48083900004010230000General corporate purposeNA15380000001514000000Issue ExpensesNA6400000064000000