Helios & Matheson reports 50 pc rise in net profit

IT company Helios & Matheson today reported 50 per cent increase in its net profit at Rs 16.98 crore for the quarter ended March 31, 2007.

NEW DELHI: IT company Helios & Matheson today reported 50 per cent increase in its net profit at Rs 16.98 crore for the quarter ended March 31, 2007.
The company's revenues during the quarter grew by 75.7 per cent at Rs 109.42 crore, it said in a statement.
The Board of Directors also approved interim dividend at 20 per cent, the statement added.
For the year ended March 31, the company's net profit increased by 58 per cent at Rs 59.91 crore and the revenues surged by 78.7 per cent at Rs 395.58 crore.
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