Tulip IT's profit up 83% over Q2 FY07 qtr

Excerpts from CNBC-TV18’s exclusive interview with Hardeep Singh Bedi:

Q: What do you think you will end FY08 with, terms of sales and profit and how do you think your order book position will look like as on 31^st March 2008?

A: We do not give projections. But we expect the current growth rates to continue. The growth has been quite substantial and Tulip has basically been able to meet its objective of revolutionizing the way data connectivity happens. And we believe that our growth is going to be in lined with the growth that has been happening so far.

Q: Your run-rate actually is about 30% growth in net profit-quarter-on-quarter; will that kind of a pace be mentioned?

A: It should see the growth in the last two years; you would see that this kind of growth has been there quite consistently. And actually our profit has actually grown almost 83% over the corresponding quarter last year.