Business Daily from THE HINDU group of publications
Friday, Mar 30, 2007
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Business Daily from THE HINDU group of publications Friday, Mar 30, 2007 ePaper |
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Corporate Results
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Software Info-Tech - Financial Performance Megasoft sales, net up Our Bureau
Hyderabad March 29 Megasoft Ltd has announced sales of Rs 178.33 crore with a net profit of Rs 32.97 crore for the year ended December 31, 2006, against sales of Rs 115.43 crore and a net profit of Rs 20.11 crore for the fiscal year 2005. This reflects a growth of about 55 per cent in sales and 64 per cent in net profit, respectively, during the fiscal. The company has declared a dividend of 10 per cent. These numbers include revenues of Rs 18 crore from VisualSoft Tech for October-December quarter.
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