Mascot Systems records Rs 35.6m net profit

MUMBAI: Mascot systems, Bangalore has posted a net profit of Rs 35.6 million for the thrid-quarter ended December 31 2003. The net profit last year in the same period was 105.1 million.

The company recorded a one-time write-off of Rs 31.1 million. Its operating revenues were RS 977.1 million as compared to 974.6 earlier.

The firm said earnings per share before the write-off was 2.45 rupees against 3.89 a year ago.

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