IntraSoft Technologies: A steadier quarter as 123Stores leans further into the Vendor Direct model

The presentation states 123Stores enables small and medium businesses in the US to sell their products on Amazon by providing marketplace management, customer support, supply chain management, and brand or supplier management.

The presentation describes 123Stores as an Amazon retailer on the Amazon US marketplace.

The presentation states the company has a wide network of 300+ brand partners.

The presentation states 123Stores sells 150,000+ products and aims to increase product offerings to 500,000.

The presentation describes a shift from an inventory-heavy model to a Vendor Direct Model where products are shipped from brand warehouses to consumers to save on shipping, storage, and inventory holding costs.

For the quarter ended June 30, 2026, the unaudited consolidated revenue from operations was ₹13,963.30 lakhs and PAT was ₹454.52 lakhs, as per the statement of profit and loss in the presentation.

The presentation states the company will continue to invest in technology innovation and artificial intelligence, focusing on improving transaction efficiency and speed, automation levels, bandwidth and scalability, and security.