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Hyderabad, July 22

Four Soft has recorded revenues of Rs 65.12 crore with profit of Rs 27.7 crore for the first quarter ending June 30, 2008 as against revenues of Rs 47.05 crore and profit of Rs 3.21 crore for corresponding quarter last year.The Managing Director of Four Soft, Mr Srikanth Palem, in a statement, said the company continues to see good business in new customer acquisitions and this has helped reap benefits of integration of company’s previous acquisitions. The Chief Fina ncial Officer of Four Soft, Mr Biju Nair, told Business Line that the growth was mainly due to 10 big client wins including a major order from existing logistics client. The company expects to continue focus on customer engagements and new business development providing software products, freight and transportation ad logistics and supply chain management solutions. Four Soft shares closed the day at Rs 23 at BSE as against previous close of Rs. 23.25.

—Our Bureau

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