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Infotech Enterprises reports two-fold jump in Q3 net profit

17 Jan 2013 Evaluate

Infotech Enterprises has reported results for third quarter ended December 31, 2012.

The company has posted growth of over two-fold in its net profit at Rs 52.38 crore for the quarter as compared to Rs 21.72 crore for the same quarter in the previous year. Total income of the company has increased by 15.01% at Rs 269.53 crore for quarter under review as compared to Rs 234.35 crore for the quarter ended December 31, 2011.

On consolidated basis, the company has reported 82.07% rise in its net profit at Rs 61.83 crore for the quarter as compared to Rs 33.96 crore for the same quarter in the previous year. Total income of the company has increased by 14.07% at Rs 475.12 crore for quarter under review as compared to Rs 416.52 crore for the quarter ended December 31, 2011.   

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