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Infotech Enterprises sets up branch office in South Africa

09 Nov 2013 Evaluate

Infotech Enterprises has set up a branch office in South Africa. On standalone basis, the company has reported 86.70% rise in its net profit at Rs 65.85 crore for the second quarter ended September 30, 2013 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.

Infotech Enterprise is a leading global engineering service company. The company provides services to a wide range of industries - aerospace, rail, automotive, marine, energy, plant engineering, utilities, telecom (operators), government, retail, consumer electronics, medical electronics, semiconductor telecom (manufacturers) and computing industries.

Peers
Company Name CMP
TCS 2528.00
Infosys 1154.50
HCL Technologies 1424.00
Wipro 189.75
Tech Mahindra 1789.40
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