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HYDERABAD: Virinchi Technologies, an e-business collaboration solutions provider, closed the financial year 2004-05 with a growth of 71.85 per cent to register turnover of Rs 18.3 crore against Rs 10.65 crore in the previous fiscal.

Net profit after tax increased by 59.1 per cent to Rs 5.72 crore against Rs 3.6 crore.

The total income for the fourth quarter is Rs 5.48 crore against Rs 4.34 crore during the comparative quarter of 2003-04. Net profit after tax increased by 9.75 per cent to Rs.1. 9 crore from Rs 1.7 crore.

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