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Mumbai, July 25

IT learning solutions provider Aptech Ltd has recorded a 13.5 per cent fall in net profit for the quarter ended June 2007 to Rs 6.35 crore as against Rs 7.32 crore reported in the year ago quarter. However, income from operations was up by 39.12 per cent to Rs 52.24 crore (Rs 37.55 crore). New product launches, marketing campaigns and introduction of fortified products have contributed to Aptech booking growth this quarter, according to Mr Pramod Khera, CEO and MD - Aptech Ltd. “The increased expenditure for marketing and advertising in the quarter (8.25 crore vs. 3.19 crore) and the resultant pressure on the margins is in line with the business plan. This is part of our strategy and we will see better realizations in the coming quarters,” said Mr Khera.

— Our Bureau

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