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NIIT record 56% profit
By
agencies,Thursday, 20 July 2006, 00:00 Hrs
NEW DELHI: NIIT Technologies posted their quarterly earnings with a 56 percent increase in the profit after tax at $4.95 million for June as against 3.18 million in the corresponding period last fiscal.
With the company's fresh order intake standing at $38 million, the consolidated revenues for the quarter ended June 30 grew 40 percent at $43.4 million as against $30.9 million in the same period in previous year.
Rajendra S. Pawar, Chairman said that the additional revenues from Room Solutions supplemented the healthy 27 percent year-on-year organic growth witnessed in the quarter.
With the company's fresh order intake standing at $38 million, the consolidated revenues for the quarter ended June 30 grew 40 percent at $43.4 million as against $30.9 million in the same period in previous year.
Rajendra S. Pawar, Chairman said that the additional revenues from Room Solutions supplemented the healthy 27 percent year-on-year organic growth witnessed in the quarter.
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