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Infotech revenue up 16 pc, net dips

Our Bureau

Hyderabad , April 28

INFOTECH Enterprises recorded revenues of Rs 187.47 crore during 2003-2004, a 16.2 per cent increase over the Rs 161.30-crore in the previous fiscal.

The profit after tax was down at Rs 9.01 crore compared to Rs 14.91 crore in the previous year.

The diluted EPS for FY2004 stood at Rs. 6.14 per share. The company declared Rs. 1.25 per share (12.5 per cent) dividend for FY 2004.

The revenues increased by 28.7 per cent for the fourth quarter ended March 31, 2004 at Rs 55.38 crore ( Rs 43.04 crore).

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