Financial Daily from THE HINDU group of publications
Sunday, Apr 24, 2005
Financial Daily from THE HINDU group of publications Sunday, Apr 24, 2005 |
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Corporate Results
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Software 3i Info Q4 net at Rs 4.68 cr Our Bureau
MUMBAI: Software solutions provider 3i Infotech has registered a net profit of Rs 4.68 crore and net sales of Rs 57.39 crore for the fourth quarter ended March 31, 2005. The company reported net sales of Rs 207.03 crore and a net profit of Rs 17.61 crore for the full fiscal. "The mix of product revenue in total revenue has grown from 31 per cent in the previous year to 44 per cent in the current year, moving closer to the 50:50 ratio we want to achieve in the products-services revenue mix,'' said Mr Hari Padmanabhan, Executive Director, 3i Infotech. The board also recommended a full and final dividend of Re 1 per share on full equity share capital outstanding as on date. For fiscal 2006, the company anticipates a growth in revenue between 25 per cent and 30 per cent; net margins are expected to grow by 13-15 per cent, the release said.
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