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Aztecsoft seen posting double-digit growth in profits
Aztecsoft is expected to post a double-digit growth, both in revenues and bottomline, reports CNBC-TV18. Revenues are expected to grow nearly 11% to Rs 66 core while net profit is seen growing at 21.35% to Rs 11.25 crore.
Aztecsoft is expected to post a double-digit growth, both in revenues and bottomline, reports CNBC-TV18.
Revenues are expected to grow nearly 11% to Rs 66 core while net profit is seen growing at 21.35% to Rs 11.25 crore. This is mainly due to expectations of a substantial improvement in margins.
Last quarter, the company had undertaken some marketing expenditure, which dented their margins. This quarter the decline is expected to reverse and therefore net profit is seen growing at 21%.
The company is adding around 150-170 employees this quarter.
Last quarter, the company had undertaken some marketing expenditure, which dented their margins. This quarter the decline is expected to reverse and therefore net profit is seen growing at 21%. 
