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News >> Technology >>
Cranes software Q4 net up 182 percent
By siliconindia
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Wednesday, 05 May 2004, 19:30 IST
BANGALORE: Cranes Software International Ltd on Wednesday reported a net profit of Rs 15.21 crore for the fourth quarter ended March 2004, up by 182 per cent over Rs 5.4 crore registered in the corresponding period last year.
Cranes said revenues for the fourth quarter stood at Rs 51.7 crore, up by 100 per cent over Rs 25.79 crore recorded during the same period in 2003.
"We are confident that our operating initiatives during the year will allow the continuation of the significant outperformance achieved over the last several years," Cranes Managing Director Asif Khader said in a statement.