Financial Daily from THE HINDU group of publications
Saturday, Apr 23, 2005
Financial Daily from THE HINDU group of publications Saturday, Apr 23, 2005 |
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Corporate Results
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Outsourcing Northgate Q4 net up at Rs 3.7 cr Our Bureau
Hyderabad , April 22 NORTHGATE BPO Services Ltd reported a turnover of Rs 50.86 crore during the financial year 2004-05 - a 613 per cent jump from Rs 8.31 crore the previous fiscal. The fourth quarter revenues were Rs 20.33 crore, up from Rs 3.02 crore during the previous corresponding quarter. The net profit during the quarter was Rs 3.67 crore, according to the un-audited financial results. The main earnings for the services export company came from telecom services (80 per cent) and advertising (20 per cent). Incidentally, eight out of the 10 topmost online advertising companies are partners of Axil Inc, a 100-per cent subsidiary of Northgate.
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