Infotech Enterprises reports 12% rise in Q3 consolidated net profit

16 Jan 2014

Infotech Enterprises has reported results for third quarter ended December 31, 2013.

The company has reported 9.54% fall in its net profit at Rs 47.38 crore for the quarter as compared to Rs 52.38 crore for the same quarter in the previous year.  However, total income of the company has increased by 17.39% at Rs 316.41 crore for quarter under review as compared to Rs 269.53 crore for the quarter ended December 31, 2012.

On the consolidated basis, the company has posted a rise of 12.23% in its net profit at Rs 69.39 crore for the quarter ended December 31, 2013 as compared to Rs 61.83 crore for the same quarter in the previous year. The total income has increased by 21.73% at Rs 578.35 crore for quarter under review as compared to Rs 475.12 crore for the quarter ended December 31, 2012.

 

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