Infotech Enterprises Q3 net up 10% at Rs 34 cr

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Infotech Enterprises Q3 net up 10% at Rs 34 cr

Infotech Enterprises, an engineering solutions provider, has reported a net profit of Rs 34 crore in the third quarter of FY12, a growth of 9.7% as compared to Rs 31 crore in previous quarter.

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Infotech Enterprises , an engineering solutions provider, has reported a net profit of Rs 34 crore in the third quarter of FY12, a growth of 9.7% as compared to Rs 31 crore in previous quarter.

Net sales increased 11.8% to Rs 417 crore from Rs 373 crore during the same period.

Forex loss jumped to Rs 37 crore in the quarter ended December FY12 from Rs 11 crore in the previous quarter.

Operating profit margin improved to 20.6% from 15.7% during the same period.

At 14:31 hours IST, the share was trading at Rs 127.80, up 2.44% on the BSE.