3i Infotech allots shares under ESOS
3i Infotech allots shares under ESOS >3i Infotech allotted 33,590 equity shares on Sep. 24, 2007 to the applicants under employees stock option scheme, 2000 (ESOS). 3i Infotech disclosed a phenomenal jump in net profit for the quarter ended in June 2007. During the quarter, the company saw a 75.33% rise in profit to Rs 214.24 million from Rs 122.19 million in the same quarter last year. Sales for the quarter rose 51.89% to Rs 1,188.14 million compared with the corresponding quarter, a year ago.
Shares of the company declined Rs 2.1, or 1.45%, to settle at Rs 143. The total volume of shares traded was 91,088 at the BSE.(Monday).
