Business Daily from THE HINDU group of publications
Saturday, May 31, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, May 31, 2008 ePaper | Mobile/PDA Version | Audio |
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Info-Tech
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Financial Performance Corporate Results - Software Northgate Q4 net profit rises 14% Our Bureau Hyderabad, May 30 Northgate Technologies Ltd, registered consolidated revenues of Rs 551.25 crore with a profit of Rs 72.84 crore for the year ended March 31, 2008 as against revenues of Rs 294.57 crore with profit of Rs 57.41 crore for the previous year. This reflects a growth of 87 per cent in revenue and profit was up 26.88 per cent. For the quarter ended March 31, 2008, the company revenue was Rs 162.66 crore, up 59 per cent over corresponding quarter of the previous fiscal and net profit was up 14.02 per cent at Rs 20.18. The company in a statement said that during the year Northgate entered India and China. Hitherto, the focus was on the US and Europe and the South East Asia. More Stories on : Financial Performance | Software
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