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Our Bureau

New Delhi, April 28

Tulip IT Services has reported a net profit of Rs 33.11 crore, up 63.82 per cent, for the quarter ended March 31, 2007, against Rs 20.21crore in the previous fiscal. The company's net sales stood at Rs 292.62 crore for the quarter against Rs 177.81 crore, registering an increase of 64.56 per cent. For the year ended March 31, the company posted a net profit at Rs 94.66 crore, up 92.5 per cent, against Rs 49.17 crore. The net sales for the fiscal stood at Rs 842.49 crore from Rs 508 .44 crore last year, recording 65.7 per cent growth.

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