Saturday, July 21, 2012

InfoTech Enterprises Q1 PAT down 9.4% at Rs 64.7 cr


InfoTech Enterprises  ' profit after tax fell by 9.4% quarter-on-quarter to Rs 64.7 crore for the quarter ended June 2012.

PAT was lower due to lower other income that dropped by 50% to Rs 17.9 crore QoQ.

Revenues moved up by 9.3% to Rs 456.3 crore from Rs 417.3 crore during the same period.

Earnings before interest and tax increased marginally to Rs 71.7 crore from Rs 70.58 crore QoQ, but EBIT margin declined at 15.7% versus 16.9%.

Company posted a forex loss of Rs 1.81 crore during the first quarter of FY13 as against Rs 1.59 crore in the previous quarter.



Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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