3i Infotech is bullish about its performance going ahead. It may also sell some non-core divisions to repay debt.
3i Infotech has sold its billing and payments based US subsidiary, Regulus GRP and J&P Software, to global private equity player Cerebrus Capital. V Srinivasan, 3i Infotech says, stake sale will reduce earnings per share (EPS) by Re 1 in FY12.
V Srinivasan, Managing Director and Global CEO of 3i Infotech, in an interview with CNBC-TV18’s Udayan Mukherjee and Mitali Mukherjee, spoke about the results and his outlook for the company.