BANGALORE: Patni Computer Systems Ltd, a global IT services provider, today announced its financial results for the second quarter ended June 30, 2005.
The company reported 6.3 percent increase in net revenue to Rs. 621.46 million ($14.28mn) compared to Rs 618.07 million ($13.44 mn) registered during the corresponding quarter a year ago.
The gross profit for the second quarter stood at Rs 1,624.74 million ($37.34mn), up 18.6 percent. The operating income during this period rose 3.1 percent to Rs 662.77 million ($15.23mn).
During the second quarter, revenues grew 36.3 percent to Rs 4,730.22 million ($108.72mn).