RS Software posts net profit Rs 23.70 million

Saturday, March 17, 2007, 10:35 [IST]

Chennai, Feb 21 (UNI) Leading Software Solutions provider RS Software (India) Ltd has posted a net profit of Rs 23.70 million for the quarter ended December 2006 at a growth of 92 per cent over the corresponding year.

Earning Per Share(EPS)(diluted) has grown to Rs 4.35, a 55 per cent increase over Rs 2.81, compared to the corresponding quarter of the last fiscal, a company release here today said.

The top four clients contributed 91 per cent of the revenue during the quarter RS Software with its focus on domain and cutting edge technology continues to attract the best talent in the industry.

During the quarter the company added 31 new employees.

The company continues to strengthen its core product development and delivery capabilities, the release added.

UNI

Topics: BUSINESS-RS SOFTWARE-PROFIT

Other articles published on March 17, 2007

Dabur food projects its sales turnover of Rs 500 cr in 3 years

Saturday, March 17, 2007,10:35 [IST]

Mumbai, Feb 22 (UNI) Dabur Foods has projected to achieve its sales turnover of Rs 500 crore within a period of three years from now. Talking to mediapersons on the sidelines of announcement of relaunch of his company's flagship brand 'Real' here today, the CEO of Dabur Foods, Amit Burman, said ''we have already crossed the mark of Rs 210 crore with a market share of 57 per cent so far and we are all set to achieve Rs 500 crore.....

Superhouse plans to open Allen Cooper retail outlets in India

Saturday, March 17, 2007,10:35 [IST]

Mumbai, Feb 22 (UNI) Superhouse Ltd, the makers of Allen Cooper leather footwear and accessories, today announced its plans to foray into retail sector. Talking to reporters here, Superhouse CMD Mukhtarul Amin said ''Earlier, we were focusing only on an export market but with the changing trends and lifestyle of Indian consumer, we propose to open retail outlets in major cities. Within a short span of time, we will be able to grab the major share of retail market. Besides increasing.....

Limitless Updates

Business News

News Archives

GSCSC pays Rs 1 crore dividend to State govt

Saturday, March 17, 2007,10:35 [IST]

Ahmedabad, Feb 22 (UNI) A dividend of Rs one crore has been paid by the Gujarat State Civil Supplies Corporation Ltd (GSCSC) to the State government. A cheque was handed over to Chief Minister Narendra Modi by the Chairman Dr S K Nanda and Managing Director A K Rakesh yesterday in the presence of Minister for Food Civil Supplies and Consumer Affairs Chhatrasinh Mori. This is the first time in the history of the corporation that it has paid dividend.....

Wockhardt's net up 20 pc at Rs 87 cr

Saturday, March 17, 2007,10:35 [IST]

Mumbai, Feb 22 (UNI) Pharmaceutical and biotechnology major Wockhardt today reported a 20 per cent increase in net profit at Rs 87 crore for the fourth quarter ended December 31, 2006. The company said its consolidated sales, at Rs 526 crore, showed a 44 per cent growth over the corresponding quarter of 2005. The board of directors at a meeting here recommended a dividend of 100 per cent, subject to shareholders' approval, the company said in a statement. '' It.....

Rupee opens low at 44.24/25 Vs USD

Saturday, March 17, 2007,10:35 [IST]

Mumbai, Feb 22 (UNI) Rupee opened low at 44.24/25 against US dollar compared to 44.18/19 on the previous day's close, due to weaker Asian currencies and refiners buying of dollars for oil payments. Traders said sentiment was also weighed down by prospect of another bout of suspected Central Bank intervention, with investors wary of building short positions in the dollar. Later, the partially convertible rupee was at 44.28/29, weaker than Wednesday's close of 44.18/19 on moderate purchased of dollar by.....