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Corporate
Polaris Software Q2 net up at Rs 35.2 cr

MUMBAI: IT services and solutions provider Polaris Software Lab on Tuesday said its consolidated profit after tax rose 11 per cent to Rs 35.2 crore for the second quarter ended September 30, 2009. This is against Rs 31.84 crore earned during the same per iod previous fiscal.

Income from software services, products and business process management declined to Rs 338.31 crore, from Rs 352.53 crore in the same period last fiscal, Polaris Software Lab said in a filing to the Bombay Stock Exchange.

Shares of Polaris Software Lab were trading at Rs 149.85 on the BSE, up 1.25 per cent from previous close. — PTI

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