Patni Computers Q3 net up 37%
Patni Computer Systems Ltd on Thursday reported a 37 per cent increase in quarterly profits at Rs 102.4 crore.
By PTI |
MUMBAI: Patni Computer Systems Ltd on Thursday reported a 37 per cent increase in quarterly profits at Rs 102.4 crore.
Total revenues of the company stood at Rs 697.1 crore, up 28 per cent as against Rs 519.7 crore posted an year ago.
"A strong increase in revenue and net income in the quarter under review is a result of new client acquisitions and efficient management of our cost structure," said Patni Chairman and CEO Narendra K Patni.
The company could acquire 27 new clients during the quarter, he said.
"We improved our resource utilization for both offshore and onsite projects in addition to improvements in other operating parameters," said Patni COO Mrinal Sattawala.
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