Intense Technologies Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2022
February 10, 2023 at 08:12 am EST
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Intense Technologies Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 208.49 million compared to INR 181.53 million a year ago. Revenue was INR 211.5 million compared to INR 183.33 million a year ago. Net income was INR 34.53 million compared to INR 41.49 million a year ago. Basic earnings per share from continuing operations was INR 1.54 compared to INR 1.85 a year ago. Diluted earnings per share from continuing operations was INR 1.54 compared to INR 1.85 a year ago.
For the nine months, sales was INR 572.54 million compared to INR 491.92 million a year ago. Revenue was INR 579.74 million compared to INR 499.08 million a year ago. Net income was INR 91.97 million compared to INR 94.29 million a year ago. Basic earnings per share from continuing operations was INR 4.1 compared to INR 4.2 a year ago. Diluted earnings per share from continuing operations was INR 4.09 compared to INR 4.2 a year ago.
Intense Technologies Limited is an India-based global enterprise software products and services company. The Company is engaged in the business of developing software products that are designed for data analytics and providing tech-enabled services for organizations. The Company's platform is cloud-based and designed to integrate with various client's existing systems. Its products comprise UniServe NXT marketing and communication hub, which includes 360- communications hub, reach - marketing automation hub and connect-transmission services; artificial intelligence (AI) enabled data management, which includes IDM - data management hub and 1Vu - identity management, and Low-code platform, which includes process automation, forms automation and low code custom app development. Its tech enabled services include data services, cloud services, talent as a service (TaaS) and managed services. The Company's data services include data management, data analytics and process automation.