The Hindu Business Line : GSS America income, net up

GSS America recorded total consolidated income of Rs 94.87 crore and a net profit of Rs 18.43 crore for the fourth quarter ended March 31, 2008 as against total income of Rs 47.43 crore and net profit of Rs 13.72 crore for the corresponding quarter last year.

For the year ended March 31, 2008, the income was at Rs 298.70 crore with net profit of Rs 62.19 crore as against income of Rs 164.28 crore and net profit of Rs 37.09 crore for the corresponding period last year. On a standalone basis, the company income for the year was at Rs 393.96 crore with net profit of Rs 196.90 crore.

The board declared a dividend of 25 per cent for 2007- 2008. During the quarter, the company completed its IPO. - Our Bureau

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