Patni Computer's net profit at Rs 195.46 cr; stock down

MUMBAI: Patni Computer Systems reported net profit of Rs 195.46 crores for quarter ended December 2010 as compared to Rs 207.20 crores in the same quarter previous fiscal. Total income increased to Rs 560.97 crores as against Rs 500.48 crores in the same quarter a year ago.

The stock was at Rs 463.45, down 0.08 per cent on the BSE. The scrip moved between a high of Rs 467.95 and low of Rs 460 in trade so far.

The company's consolidated net profit climbed to Rs 623.17 crores for the year ended December 2010 as compared to Rs 586.61 crores previous fiscal. Total income increased to Rs 3407.5 for the year ended December 2010 as against Rs Rs 3229.76 a year ago.