Nexxoft Infotel swings to loss in Q2

Nexxoft Infotel Ltd. | IT - Software | IT & ITES | BSE: 532045 | NSE:

21 Nov 2011 Evaluate

Nexxoft Infotel reported result for the second quarter ended September 30, 2011.

The company has reported a net loss of Rs 11.64 crore for the quarter under review as compared to a net profit of Rs 4.34 crore for the corresponding quarter previous year. Total income has decreased by 80.21% to Rs 5.13 crore as compared to Rs 25.92 crore same quarter last year.

Nexxoft Infotel is a software development company with focus on supply chain, SYSPRO ERP channel partners and custom made distribution software product across industry verticals. Elsoft Technologies is in the business of 3D object design field.

Peers

Company Name	CMP
TCS	2089.40
Infosys	1012.10
HCL Technologies	1253.70
Wipro	165.10
Tech Mahindra	1557.50
View more..

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.