Infotech Enterprise reports over 22% fall in Q4 consolidated net profit
Date: 25-04-2013Infotech Enterprise has reported results for the fourth quarter and year ended March 31, 2013
On the consolidated basis, the company has reported a fall of 22.37% in its net profit at Rs 54.21 crore for the quarter ended March 31, 2013 as compared to Rs 69.83 crore for the same quarter in the previous year. However, total income of the company has increased by 11.28% at Rs 464.44 crore for quarter under review as compared to Rs 417.34 crore for the quarter ended March 31, 2012.
For the year ended March 31, 2013, on the consolidated basis, the company has posted a rise of 43.17% in its net profit at Rs 231.06 crore as compared to Rs 161.39 crore for the same period in the previous year. Total income has increased by 20.60% at Rs 1873.06 crore for year under review as compared to Rs 1553.13 crore for the period ended March 31, 2012.