Educomp Solutions has announced its annual financial results for the fiscal year 2010-11. It has announced that, during the fiscal year, the company has posted a huge net profit against its corresponding fiscal.

The consolidated net profit of the company has touched Rs 275.8 crore in the fiscal that ended on 31st of March this year. Moreover, there has been a two-fold rise in the net profit of the firm during this year as compared to the previous financial year.

Educomp Solutions has informed this in a filing at the Bombay Stock Exchange. The total income of the company stood at Rs 1,165 crore in the fiscal year of 2009-10 which was recorded Rs 651.8 crore in the same period in its preceding fiscal year. The standalone net profit of the firm was recorded Rs 221 crore for the year under review.

It has also reported that the board of the company has also recommended issuing a total dividend of Rs 2.75 per share on the face value of Rs 2 each to its shareholders in this year.