• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Jan. 24 Tulip IT Services Ltd’s net profit increased 97 per cent to Rs 54.09 crore during the third quarter ended December 2007 against Rs 27.48 crore in the same quarter of the previous fiscal.

Net sales rose 54 per cent to Rs 341.5 crore (Rs 222.19 crore). Basic EPS was at Rs 18.65. The company said that aggressive fibre deployment in commercial areas of 10 major cities and new customers acquired this quarter including LIC, ITC and Reliance Life Insurance contributed to the numbers. Tulip IT’s shares rose 1.2 per cent to Rs 900 per share on the BSE.

More Stories on : Financial Performance

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

Stories in this Section
TCS wins $40-m New India Assurance deal

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line