Infotech registers Rs 20.26 cr net profit in Q2

Wednesday, October 18, 2006, 17:01 [IST]

Hyderabad, Oct 18: Infotech Enterprises Ltd (Infotech) today reported Rs 20.26 crore net profit from an operating revenue of Rs 131.2 crore in the quarter ended September 30, 2006.

Its un-audited financial result in the quarter taken on record by the Board at its meeting here today showed that operating revenues were higher by 12.2 per cent at Rs 131.2 crore as against Rs 117.3 crore in the previous quarter.

Its operating profits were higher by 29.2 per cent at Rs 28.3 crore compared to Rs 21.93 crore in April-June, 2006.

The Net Profit After Tax (before share of Joint Venture profit) was up 5.3 per cent at Rs 17.2 crore as compared to Rs 16.4 crore while Net Profit After Tax (after share of Joint Venture profits) up 2.6 per cent at Rs 20.26 crore.

UNI

Other articles published on October 18, 2006

BJP demands all party, CMs meets

Wednesday, October 18, 2006,17:02 [IST]

Hyderabad Oct 18: Hailing National Commission on Farmers Chairman M S Swaminathan for coming out with a report of far-reaching implications to end food scarcity and suicide by farmers, BJP senior leader M Venkaiah Naidu today urged the UPA Government to convene an all party meeting as also a meeting of all Chief Ministers to implement the commission's recommendations.With the world renowned agricultural scientist coming out with series of recommendations to make farming economically viable, achieve food security and.....

Sony Ericsson unveils W950i phone

Wednesday, October 18, 2006,17:27 [IST]

Mumbai, Oct 18: Sony Ericsson today announced the launch of its ultra-slim, ultra-stylish touch-screen cellphone ensuring simple navigation through songs classified according to music genres, playlists, individual songs or music albums.The W950i, claimed to be more than a music phone, as email and Web browsing at the speed of broadband plus a suite of high performance entertainment applications, has been priced at Rs 30,995.00.The music player within the phone has the functionality and sound quality equivalent to.....

Limitless Updates

India News

News Archives

Indian IT sector touches $29.5 bn: Maran

Wednesday, October 18, 2006,17:34 [IST]

Coimbatore, Oct 18: Union Minister for Communications and Information Technology Dayanidi Maran today said the Indian software industry has touched Rs 1,30,000 crore business (29.5 billion US Dollars), of which 23.4 billion US dollars was from exports.Inugurating Robert Bosch India Software operations at Saravampatti near here, he said India's vibrant IT software and service industry had been projected to reach an export potential of 57 to 65 billion US dollars by 2008. He said export revenues from.....

Ipca Laboratories Q2 net doubles to Rs 35.40 crore

Wednesday, October 18, 2006,17:34 [IST]

Mumbai, Oct 18 (UNI) Ipca Laboratories Ltd has posted a net profit of Rs 35.40 crore for the quarter ended September 30, 2006 as compared to Rs 17.49 crore for the quarter ended September 30, 2005, a jump of 102.40 per cent. Announcing the results, the company said its total income (net of excise& sales tax) has increased from Rs 196.42 crore for the quarter ended September 30, 2005 to Rs 244.48 crore for the.....

Exide Industries Q2 net up 50.41 pc

Wednesday, October 18, 2006,17:35 [IST]

Mumbai, Oct 18: Exide Industries Ltd has posted a net profit of Rs 43.74 crore for the quarter ended September 30, 2006 as compared to Rs 29.08 crore for the quarter ended September 30, 2005, a rise of 50.41 per cent.Announcing the results, the company said its total income (net of Excise&Sales tax) has increased from Rs 338.96 crore for the quarter ended September 30, 2005 to Rs 453.58 crore for the quarter ended September 30, 2006.Commenting.....