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Geometric Ltd has reported a consolidated net profit of Rs 13.38 crore for the second quarter of the fiscal, marginally lower from the same year-ago quarter (Rs 13.81 crore).
The extraordinary expense of taxes on an asset sold to its subsidiary affected the company's after tax income, said Geometric in a statement.
The company's profit after tax (before tax on sale of asset and prior period items) stood at Rs 20.1 crore, rising 47.9 per cent from Rs. 13.58 crore a year ago, it said.
Consolidated revenues rose 25.9 per cent to Rs 191 crore from Rs 151.9 crore. Operating profit more than doubled to Rs 20 crore, the company said.
Geometric said it added six new customers during the quarter and obtained new business worth $ 8.16 million.
Its stock rose by 3.38 per cent on the BSE to close at Rs 45.85.
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