Calsofts FY-05 net up 10 at Rs 33 M

Calsofts FY-05 net up 10 at Rs 33 M

By agencies   |   Wednesday, 29 June 2005, 07:00 Hrs
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CHENNAI: California Software Company Ltd today reported a 10 percent growth in its profit after tax for the year ended March 2005.

The profit after tax of the company increased to Rs33 million from 30 million in 2003-04, a company statement said.

Total revenue of the company recorded a growth of 29 percent at 488 million for the year ended March 2005 compared to previous years Rs378 million.

Operating profit was Rs 63.5 million compared to previous years Rs58.7 million.

Earnings per share (basic) increased to Rs 70.5 million previous year Rs 64.0 (basic).

The Board of Directors have recommended 10 percent dividend.

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