Aim to be beat FY17 topline growth of 30% in FY18: Intrasoft Technologies

Intrasoft Technologies is on our radar after the company posted a stable set of earnings this quarter. The company saw a steady revenue growth, but margins were subdued.

Arvind Kajaria, MD of the company in an interview to CNBC-TV18 shared the outlook for the company going forward.

The revenue growth in Q3FY18 was up 18 percent at Rs 338.3 crore versus Rs 286.9 crore quarter on quarter (QoQ). Margins came in at 2.1 percent versus 2.2 percent QoQ. EBITDA was up 17 percent at Rs 7.2 crore.

Hope to beat both the FY17 topline and margins in FY18. Topline growth in FY18 was 30 percent with margins of 1.8-2 percent.