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MphasiS sees rise in net profit in Q3

MphasiS Group
Banglaore, Feb 27: MphasiS Group"s revenue increased by 58.1 per cent to Rs 977.7 crore from Rs 618.3 crore for the third quarter ended 31, Jan 2009. Net profit increased by 270.4 per cent from Rs 56.7 crore to Rs 210 crore. Earnings Per Share (EPS) increased to Rs 10.05 from Rs 2.72 over the same period last year, recording a growth of 269.5 per cent.

"The company has produced good results after careful planning in the last few quarters, keeping costs down and aggressively seeking business across all sales channels," said Ganesh Ayyar, CEO MphasiS.

During the quarter ended 31 Jan 2009, the group added 9 new clients including 6 relationships through HP. The group added headcount by 1,193 net, during the quarter of which 574 were freshers recruited from campus. The group"s headcount stood at 29,988 as at 31 Jan 2009.

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Novartis Q4 net up 19.40 pc at Rs 23.87 cr

New Delhi, May 11: Pharma major Novartis India Ltd today posted a net profit of 19.40 per cent at Rs 23.87 crore for the quarter ended March 31, 2007 as compared to Rs 19.99 crore for the same period last year.Total income registered a growth of 19.02 per cent at Rs 144.64 crore for Q4FY07 from Rs 121.52 crore for the same quarter last year.The company's net profit stood at Rs 88.55 crore for the fiscal ended March.....
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