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Corporate Results - Software
Info-Tech - Financial Performance
Infotech posts higher Q2 revenue, net

Our Bureau

Hyderabad , Oct. 18

Infotech Enterprises Ltd, has recorded consolidated total income of Rs 131.80 crore and a net profit of Rs 17.27 crore for the second quarter ended September 30, 2006 as against total income of Rs 83.07 crore and a net profit of Rs 9.6 crore for corresponding quarter last year.

The CMD of Infotech, Mr BVR. Mohan Reddy, in a statement said this quarter has witnessed ramp up from several existing clients.

This is reflected in the number of million dollar customers in a quarter going up to eight as against five in the previous quarter."

The company added about 460 associates during the quarter employing about 4,500 people.

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