Edserv net profit at Rs 11.54 cr; stock up

MUMBAI: Edserv’s net profit jumped to Rs 11.54 crores for the quarter ended December as compared to Rs 5.64 crores in the same quarter previous year. Revenues increased to Rs 31.16 crores for the quarter from Rs 15.51 crores in the same quarter a year ago.

The stock was at Rs 118.50, up 3 per cent on the NSE. It touched a high of Rs 122.60 and low of Rs 115.60 in trade so far.