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Corporate Results - Software
Mindteck clocks Rs 1.36 cr profit

Our Bureau

Bangalore , Nov. 1

Mindteck (India) Ltd has recorded a modest improvement in its net profit for the quarter ended September 30, 2006, at Rs 1.36 crore on total revenue of Rs 25.76 crore.

The company's net profit for the corresponding period in the previous year was Rs 74 lakh on revenue of Rs 11.39 crore.

Mr P.A. Ananthanarayanan, Group CEO, said, "We are now entering a phase of consolidation following the successful integration of our acquisition in the US last quarter. We continue to witness strong demand in the Embedded Systems services as well as SAP Support services."

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