Infotech Enterprises reports two-fold rise in Q4 net profit
Date: 18-04-2012Infotech Enterprises has reported results for fourth quarter ended March 31, 2012.
The company has posted a rises of 188.50% in its net profit at Rs 92.61 crore for the quarter ended March 31, 2012 as compared to Rs 32.10 crore for the same quarter in the previous year. Total income has increased by 29.19% at Rs 231.17 crore for quarter under review as compared to Rs 178.94 crore for the quarter ended March 31, 2011.
On the consolidated basis, the company has posted a rise of 89.22% in its net profit at Rs 65.98 crore for the quarter ended March 31, 2012 as compared to Rs 34.87 crore for the same quarter in the previous year. Total income has increased by 28.09% at Rs 417.34 crore for quarter under review as compared to Rs 325.83 crore for the quarter ended March 31, 2011.