The Hindu Business Line : Cambridge Solutions net up at Rs 65.7 cr

Cambridge Solutions has reported a consolidated net profit of Rs 65.7 crore on revenue of Rs 1,469.8 crore for the year-ended March as compared to a loss of Rs 18.6 crore on revenues of Rs 1,180.70 crore in the previous year.

"We are extremely encouraged about the pace of our development. The company has grown significantly in revenues and profits since inception five years ago. Furthermore, the sale of Albion (Government business in Americas) this year will allow us to concentrate on continuing to build our core businesses. The business is on a much stronger platform now, and we feel optimistic about the growth trajectory going forward. We will continue to focus on productivity improvements and cost optimisation initiatives to further enhance profitability and shareholder value," said Mr Christopher Sinclair, CEO and Chairman.

More Stories on : Financial Performance | Software

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
HCL Tech signs $15-m contract with Alenia Aeronautica

ICICI Bank in pact with GTL for leasing out BPO unit

`Govt will not recover service tax on inbound roaming from July 1994 to mid-Jan 2007'

High handset prices scupper Sanyo's foray

Nokia Siemens plans rural mobile solution

Spice Communications plans IPO

AP mulls tax on IT sector

Cambridge Solutions net up at Rs 65.7 cr

New module in a-mantra

Epicor's renewed focus on India

NMCC bid to empower small, medium units

TutorVista targets supplemental education market

Websense Security detects attack