Infotech Enterprises reports 44% rise in Q2 consolidated net profit

17 Oct 2013

Infotech Enterprises has reported results for the second quarter ended September 30, 2013.

On standalone basis, the company has reported 86.70% rise in its net profit at Rs 65.85 crore for the quarter as compared to Rs 35.27 crore for the same quarter in the previous year. Total income of the company has increased by 21.15% at Rs 315.07 crore for quarter under review as compared to Rs 260.06 crore for the quarter ended September 30, 2012.

On consolidated basis, the company’s net profit for the quarter under review registered 44.05% growth at Rs 72.47 crore against Rs 50.31 crore in the September quarter of previous fiscal. Total income has risen by 15.13% at Rs 549.30 crore for the quarter from Rs 477.12 crore in the similar quarter of previous year.

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