3i Infotech consolidated PAT dips 20%

3i-infotech3i Infotech, a global provider of IT solutions and the fourth largest Indian software product company, has reported a fall of 20 per cent in its consolidated profit after tax (PAT) of Rs 57.19 crore for the quarter ended September 30,2009, as against Rs 71.93 crore for the quarter ended September 30,2008.

However, company's consolidated net sales/income has surged to Rs 626.26 crore, up 4.10 per cent, compared with Rs 601.59 over the corresponding quarter of previous fiscal.

For year to date results for current period ended September 30, 2009, the company posted a net profit of Rs 147.99 crore, a growth of 13.8 per cent over Rs 130.03 crore for the corresponding period previous fiscal.

Further, the company registered a growth of 14 per cent in its revenue for the year ended 30 September 2009, which surged to Rs 1224.02 crore from Rs 1070.06 crore for the corresponding period ended 30 September 2008.

The stock of the company closed on Friday at Rs 94 on BSE. The stock has made intraday high and low of Rs 96 and Rs 93 respectively.




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