Financial Daily from THE HINDU group of publications Saturday, Nov 06, 2004 |
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Corporate Results
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Software Info-Tech - Financial Performance Tata Infotech revenues rise 33 pc in Q2 Our Bureau
New Delhi , Nov. 5 TATA Infotech Ltd, the global systems integration company, on Friday reported a 33 per cent increase in its total revenues for the second quarter ended September 30, 2004 to Rs 188.62 crore as compared to Rs 142.08 crore in the corresponding period previous year. "The profit before tax increased by 35 per cent to Rs 22.82 crore from Rs 16.86 crore in the same period the previous year," a company release said here. For the half-year ended September 30, 2004, total revenues rose 32 per cent to Rs 362.57 crore as compared to Rs 273.83 crore in the year-ago period. The profit before tax increased by 26 per cent to Rs 39.11 crore (Rs 30.95 crore).
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