Financial Daily from THE HINDU group of publications
Tuesday, Aug 10, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Info-Tech - Financial Performance


Ma Foi Q2 net revenue up 70 pc

Our Bureau

Chennai , Aug. 9

MA Foi Management Consultants Ltd, a human resources firm, has reported net revenue of Rs 9.26 crore on gross revenue of Rs 27.76 crore (Rs 17.96 crore) for the second quarter ended June 30, a 70 per cent growth in net revenue over the corresponding quarter last year.

The company said in a release that its staffing solutions division contributed about 90 per cent to the overall gross revenue.

The second quarter witnessed a growth in permanent and flexible staffing business with maximum revenue contributed by information technology, IT-enabled services, and telecom and consumer/retail business.

In Malaysia, the company plans to set up HR business process outsourcing services with focus on providing human resource information systems solutions that will cater to the needs of Malaysian market, the release said.

More Stories on : Financial Performance | Human Resources

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
CBDT revisits BPO taxation with draft revised circular


Bank guarantee for mobile operators to be cut 50 pc
Gypsies' lawsuit against IBM: Law versus morality
Ma Foi Q2 net revenue up 70 pc
Software to create building models
Amada moves software unit to Chennai, Shanghai
Dax Networks bags Rlys, AP projects
Cordiant Tech to hike staff strength
eSys eyes acquisitions to ramp up business
E-commerce solution for AP commodity traders
`Doing business in US has ASP angle to it'
`W. European cos prefer nearshore call centres'



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line