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Our Bureau

Chennai , April 20

HELIOS & Matheson Information Technology Ltd, a services company, has posted a profit after tax of Rs 5.98 crore on an income of Rs 36.26 crore for the quarter ended March 31, 2005, against a net profit of Rs 86 lakh on Rs 23.34 crore for the same period last year.

For the year ended March 31, 2005, the company's net profit was Rs 18.57 crore on an income of Rs 122.12 crore, against a net profit of Rs 7.96 crore on income of Rs 75.54 crore for the previous year.

In a press release, the company said its income for the quarter ending June 30, 2005 was expected to be in the range of Rs 38.21 crore to Rs 38.47 crore and the net profit in the range of Rs 6.38 crore to Rs 6.42 crore.

The release quoted Mr G. K. Muralikrishna, Managing Director, as saying that the company's revenue was expected to cross Rs 200 crore in fiscal 2006.

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