Net4 India Q3 net up over two fold at Rs 6.5 cr
The company had posted a net profit of Rs 3.2 in the October-December quarter last fiscal, Net4 India said in a statement.
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| MUMBAI: Network and application services provider Net4 India on Friday reported an over two fold jump in its net profit at Rs 6.5 crore for the third quarter ended December 31, 2010.
The company had posted a net profit of Rs 3.2 in the October-December quarter last fiscal, Net4 India said in a statement.
The total revenues of the company also climbed up by 69 per cent to Rs 85.5 crore in the December quarter. It had registered total revenues of Rs 50.7 in the corresponding quarter last year.
"We are extremely pleased with our continuing growth momentum and are constantly working towards services, strategies and markets that will enable us to sustain these growth rates over a long period of time," Net4 India CMD Jasjit Sawhney said.
Shares of the company settled today at Rs 97, down 0.10 per cent from its previous close on the BSE.
The company had posted a net profit of Rs 3.2 in the October-December quarter last fiscal, Net4 India said in a statement.
The total revenues of the company also climbed up by 69 per cent to Rs 85.5 crore in the December quarter. It had registered total revenues of Rs 50.7 in the corresponding quarter last year.
"We are extremely pleased with our continuing growth momentum and are constantly working towards services, strategies and markets that will enable us to sustain these growth rates over a long period of time," Net4 India CMD Jasjit Sawhney said.
Shares of the company settled today at Rs 97, down 0.10 per cent from its previous close on the BSE.
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