Compudyne Q1 profits rise 2810%

BANGALORE: Bangalore-based Compudyne Winfosystems Ltd. has achieved a

whopping 2,810 per cent growth in its net profit for the first quarter of

2000-01. Its net profit for this period rose to Rs 1.07 crore from a mere Rs

5.85 lakh during the corresponding period in 1999-2000. Its turnover for the

quarter ended June 30, 2000 was Rs 4.01 crore as against Rs 34.95 lakh in the

corresponding quarter of the previous year, registering a 1027 per cent

increase.

The company has become a member of the NSDL and its are available for

de-materialization from July 1, 2000, according to a company release.