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Thursday, October 13, 2005


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CORPORATE RESULTS

OUTSOURCING


MphasiS BFL posts 28 pc-rise in Q2 net
THE MphasiS BFL Group reported a 28 per cent increase in the net profit to Rs 40.16 crore for the quarter ended September 30, 2005, up from Rs 31.51 crore in the corresponding quarter last year. Revenues were up 18 per cent to Rs 227.45 crore (Rs ... More

SOFTWARE


Infosys Q2 net rises 36 pc
INFOSYS Technologies Ltd, which crossed the billion-dollar revenue mark in fiscal 2004, will turn into a multi-billion entity by end-fiscal 2006. A strong volume growth backed by an improved pricing scenario helped the second largest software ... More

TCS net moves up to Rs 694 cr
TATA Consultancy Services (TCS) has reported a net profit of Rs 693.71 crore for the quarter ended September 30, 2005, against Rs 574.76 crore in the year-ago period. The strong performance came on the back of a 22 per cent growth in its ... More

Infosys rides high on revenue growth
THE earnings season for the software services sector has opened on a positive note. Infosys Technologies clocked a robust second quarter ended September 30, 2005, with a 10 per cent sequential (quarter-on-quarter) growth in revenues and a 13 per ... More

TCS buoyed by more biz from top client
RIDING on a buoyant demand environment and order pipeline for offshoring, Tata Consultancy Services (TCS) has recorded a 10 per cent growth in revenue and post-tax earnings in the second quarter ended September 30, 2005. The significant ... More

iGATE Global Q2 net up 85 pc
iGATE Global Solutions said its profits increased by 85 per cent to Rs 5.62 crore for the quarter ended September 2005 compared to Rs 3.04 crore in the corresponding quarter last year. The company reported a 5.6 per cent growth in second ... More

FINANCIAL INSTITUTIONS


IL&FS profit up 158 pc
IL&FS has posted 158 per cent growth in non-consolidated net profit for the quarter ending September 30, 2005, said a company release. Net profit stood at Rs 17.38 crore, compared to Rs 6.7 crore for the same quarter last year. Total revenue ... More



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