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Friday, Jan 20, 2006


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Infotech Enterprises posts higher Q3 net

Our Bureau

HYDERABAD: Infotech Enterprises Ltd has recorded operating revenues of Rs 94.09 crore and net profit of Rs 11.82 crore for the third quarter ended December 31, 2005 against operating revenues of Rs 65.61 crore and net profit of Rs 5.94 crore for the corresponding quarter last year.

This reflects an overall growth of 43.4 per cent in revenues and 86.7 per cent in net profit over corresponding period last year.

The company added nine customers during the last quarter and started participating in the design and development of Pratt & Whitney's new aircraft engines along with component design for Boeing 787 Dreamliner project.

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