The Hindu Business Line : Infotech Enterprises net down

Infotech Enterprises has recorded a total income of Rs 145.77 crore and profit of Rs 11.96 crore for the first quarter ended June, against a total income of Rs 121.32 crore and net profit of Rs 16.40 crore for the corresponding previous period. Last fiscal, the company ended with revenues of Rs 549.26 crore and a net profit of Rs 74.41 crore.

Mr B.V.R. Mohan Reddy, Chairman and Managing Director, said: "Business momentum and environment for the services that we offer continue to be strong and are reflected in the operational performance. Added to the strong business momentum, key initiatives and relationships continue to deliver results.

More Stories on : Financial Performance | Software

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

Stories in this Section
Wipro BPO to start operations in China

RCom cuts call rates to Gulf

Spice Comm lists at 21% premium

Strong Re hits Wipro numbers

Tech Mahindra net profit up 59.7%

Four Soft Q1 net profit down

Infotech Enterprises net down

Aztecsoft Q1 net slips 39%

Non-poaching pact among BPOs mooted

Wipro looks at buys in Germany, Canada

RCom sells 5% stake in tower biz

Arena holds animation expo

Wipro Infotech close to $1-b mark

PC sales rise 26% in 2006-07; cross 6.3 m units

Rishad Premji joins Wipro