The Hindu Business Line : i-flex Q4 net up 90%

I-FLEX Solutions, reported a net profit of Rs 103.8 crore for the quarter ended March 31, 2005, compared to Rs 54.7 crore last year, an increase of 89.76 per cent.

Net revenue for the period rose 71.3 per cent to Rs 358.6 crore from Rs 209.3 crore a year ago.

The company's net profit for the full fiscal was Rs 232.4 crore, up 30 per cent from Rs 178.8 crore last year. Net revenue for the year was Rs 1,138 crore, an increase of 44.5 per cent from last year's Rs 788.1 crore.

i-flex company announced a dividend of 100 per cent for the year.

As per US GAAP figures, net profit was Rs 81.8 crore for the quarter, compared to Rs 55.8 crore a year ago.

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