Polaris Soft Q2 cons PAT at Rs 53.9 cr

Published on Mon, Oct 24, 2011 at 11:08 |  Source : Moneycontrol.com

Updated at Mon, Oct 24, 2011 at 11:13  

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Polaris Soft Q2 cons PAT at Rs 53.9 cr

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Polaris Software Lab has announced its second quarter results. The company's Q2 consolidated net profit was at Rs 53.9 crore.

Its consolidated income from operations was at Rs 510 crore.

Polaris says,

Group CFO's exit due to personal reasons.

I-T department claim unlikely to have a material impact.

Products revenues to contribute 30% by June 2012.

Margin improvement in products to offset salary hike impact.

  

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