The revenues of Four Soft, an IT solutions and service provider to the logistics industry, increased to Rs 35 crore in the September quarter against Rs 30.50 crore in the same quarter last, showing a growth of 16 per cent.
The net profit went up to Rs 4.66 crore (Rs 0.69 crore) in the quarter. “We could register strong growth in the quarter because of the increasing acceptance to the Supply Chain Execution (SCE) and SaaS (software-as-a-service) solutions. We have added new customers in different markets,” Biju Nair, Chief Financial Officer and Chief Operating Officer of Four Soft, said here in a statement on Tuesday.
For the first half ended September 30, the company registered revenues of Rs 68 crore (Rs 60 crore) and a net profit of Rs 7.43 crore (Rs 2.31 crore).