3i Infotech ED Probe / Tax Survey

3i Infotech Earnings Call Transcript: Key Takeaways

Management is pivoting toward a capability-led structure to drive sustainable growth, yet revenue remains modest. High legacy liabilities and legal disputes continue to weigh on the balance sheet and sentiment.

3i Infotech Results Update

3i Infotech reported Q2FY27 revenue of Rs.182.0 crore, up 4.1% year-on-year. Quarterly PAT stood at Rs.6.7 crore and 25 new client wins were added.

3i Infotech Management Change

3i Infotech appointed Shirsendu Chaudhuri as Chief Growth Officer, a senior management role, effective October 29, 2026. He brings over 22 years of experience in IT services, enterprise software and SaaS.

3i Infotech Q2 FY27 Results: Net Profit ₹6.7 Cr, Down 63.2% YoY

3i Infotech Ltd reported revenue from operations of ₹182 Cr (+4.1% YoY) and net profit of ₹6.7 Cr (-63.2% YoY) for Q2 FY27.

Key figure

Net profit ₹6.7 Cr · -63.2% YoY

3i Infotech Legal & Regulatory

3i Infotech's tax appeals were dismissed by CIT(A) following Vivad Se Vishwas Scheme settlement. Disputes involved approximately ₹77,505 lakhs in contested additions.

3i Infotech Bags ₹5.33 Cr Order from A state-owned power distribution utility in India

3i Infotech received a 3-year IT management services order worth ₹5.33 Crore from a state-owned power distribution utility in India.

Value

₹5.33 Cr

From

A state-owned power distribution utility in India

Execution

3 years from November 1, 2026

United Spirits ED Probe / Tax Survey

United Spirits' DRI seized goods worth about Rs.6.45 Crore under the Customs Act. The company says there is no material impact on operations.

Value

₹6.45 Cr

Vrundavan Plantation ED Probe / Tax Survey

Vrundavan Plantation disclosed a Gujarat GST search at its registered office on November 3, 2026. The company reports no material impact on its financials or operations.

JFL Life Sciences ED Probe / Tax Survey

JFL Life Sciences disclosed a GST search under Section 67 at Gujarat offices and plant. No material impact on financials or operations has been reported.

Jet Freight Logistics ED Probe / Tax Survey

Jet Freight Logistics disclosed that SEBI summoned it under investigation provisions, appointing an investigating authority. The company says it will cooperate fully.

United Spirits ED Probe / Tax Survey

United Spirits faced a Maharashtra GST and VAT search, concluded on 29 October 2026. The company reports no impact so far and is fully cooperating.

Gaja Alternative Asset Management ED Probe / Tax Survey

Gaja Alternative Asset Management disclosed that the Punjab and Haryana High Court dismissed petitions to quash an FIR involving its MD and a fund director. The company says the order has no material financial impact.