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Eskay net up at Rs 12.44 cr

Our Bureau

MUMBAI: Eskay'n'IT (India) Ltd has posted a net profit of Rs 12.44 crore for the quarter ended September 30, 2005, compared to Rs 1.76 crore in the corresponding previous period.

Its net sales for the period were Rs 121.72 crore (Rs 80 crore).

Mr Navin Kumar Tayal, Chairman of the company, said in a press release: "We have reached these results by optimum utilisation of our installed capacity. There is a good quantity of orders in hand and increase in value addition has also contributed to higher profits."

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