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Jul 25, 2012, 09.07 PM IST
Software testing firm Thinksoft Global today posted three-fold jump in its net profit to Rs 7.44 crore for the quarter ending June 30, 2012. The net profit grew by 308.7% from Rs 1.82 crore in the same period of last year, the Chennai-based company said in a statement.
Software testing firm Thinksoft Global today posted three-fold jump in its net profit to Rs 7.44 crore for the quarter ending June 30, 2012. The net profit grew by 308.7% from Rs 1.82 crore in the same period of last year, the Chennai-based company said in a statement.
"The company's banking practice showed a strong growth of 28% year-on-year with even order flow from all regions. From a geographic perspective, the business contributed by
customers", Thinksoft Global Chairman and Managing Director A V Asvini Kumar said.
The total income of the company for the reported quarter stood at Rs 41.21 crore against Rs 28.16 crore in the same period last year. For the financial year ending March 31, 2012, the net profit stood at Rs 11.38 crore. The total income for 2011-12 stood at Rs 121.44 crore.
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