Helios & Matheson Q4 net at Rs.60 M

Helios & Matheson Q4 net at 60 M

By agencies   |   Thursday, 21 April 2005, 07:00 Hrs
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CHENNAI: Helios & Matheson Information Technology Ltd, a services company, has posted a profit after tax of 59.8 million on an income of 36.2 million for the quarter ended March 31, 2005, against a net profit of 8.6 million on 23.3 million for the same period last year.

For the year ended March 31, 2005, the company's net profit was 18.5 million on an income of 122.1 million, against a net profit of 79.6 million on income of Rs 75.5 million for the previous year.

The firm’s income for the quarter ending June 30, 2005 was expected to be in the range of 38.2 million to 38.4 million and the net profit in the range of 63.8 million crore to 64.2 million, a company release said.

The release quoted G. K. Muralikrishna, Managing Director, as saying that the company's revenue was expected to cross 2 billion in fiscal 2006.

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