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Aptech's net profit jumps 193%
By siliconindia
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Thursday, 31 July 2003, 19:30 IST
NEW DELHI: IT training major Aptech on Thursday reported a 193.39 per cent increase in net profit to Rs 3.11 crore for the quarter ended June 30, 2003 compared to the corresponding period of previous year.
The company's total revenue declined by 3.87 per cent to Rs 39 crore, an Aptech release said.
The global billing including subsidiaries and China joint venture has increased by 20.17 per cent to Rs 104.13 crore for the quarter.
"Consequent upon the acquisition of education business of SSI Ltd, effective from April 1, 2003, the financial results now compiled is for combined training and education business," it said.