Advertisment

Tata Infotech Q2 net up 52 p.c.

author-image
CIOL Bureau
Updated On
New Update

MUMBAI: Tata Infotech Ltd has posted a net profit of Rs 27.77 crore for the quarter ended September 30, up 51.75 percent from Rs 18.30 crore reported during the corresponding quarter last year.

Advertisment

Total Income has increased 21.66 percent from Rs 191.11 crore in Q2-05 to Rs 232.51 crore during the latest quarter.

During the half-year ended Sepetember 30, the company posted 60.22 percent increase in its net profit to Rs 50.47 crore, compared to Rs 31.50 crore reported during H1-04. Total income has increased from Rs 366.10 crore in H1-05 to Rs 439.62 crore for the half year.

The board of directors has declared a second interim dividend at 15 percent, that is Re 1.50 per equity share of Rs 10 each for the current financial year.

tech-news