Financial Daily from THE HINDU group of publications Friday, Oct 15, 2004 |
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Corporate Results
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Software Info-Tech - Financial Performance Aztec Q2 net jumps 492 pc Our Bureau
Bangalore , Oct. 14 AZTEC Software and Technology Services Ltd announced a 492 per cent jump in second quarter net profit with revenues at Rs 20.31 crore, a 107 per cent rise over the previous corresponding period. Net profits stood at Rs 3.85 crore, on a consolidated basis. The board had discussed the results at a meetingon Wednesday and Mr V. Chandrasekaran, Managing Director and CEO, said "the company's target markets continue to be robust. As we are charting new courses to set a fast pace of growth, the Disha Technologies (acquisition) has enhanced our portfolio of services. This will help us to gain leadership position in our customer segments. We will expand our technology offerings to meet our growth ambitions".
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