Educomp Solutions Q4 net jumps 24 pc

Updated on: Thursday, May 13, 2010

New Delhi: Educomp Solutions, a software services firm, today announced a 23.86 per cent rise in its net profit at Rupees 67.52 crore for the fourth quarter ended March 2010 as compared to Rupees 54.51 crore during the corresponding period a year-ago.

Total income has increased 52.39 per cent from Rs 184.38 crore to Rs 280.99 crore for the quarter, a company statement said. The company's net profit for FY10 stood at Rs 218.33 crore against Rs 131.58 crore for FY09, thereby recording a 65.92 per cent growth.

Total income has surged 71.32 per cent to Rs 872.20 crore for the year ended March 2010, from Rs 509.10 crore for the year ended March 2009.

The Group has registered a net profit of Rs 60.37 crore for Q4FY10 as compared to Rs 55.35 crore for Q4FY09, posting a 9.06 per cent increase. Total income has soared 50.42 per cent from Rs 228.16 crore for the quarter ended March 2009 to Rs 343.20 crore for the quarter ended March 2010.

The Group's net profit for FY10 grew 104.16 per cent at Rs 271.31 crore against Rs 132.89 crore for FY09. Total income has increased 78.98 per cent from Rs 651.87 crore for the year ended March 2009 to Rs 1,166.72 crore for the year ended March 2010.

Educomp Solutions Q4 net jumps 24 pc

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