Net4 PAT up 27 per cent - CIOL News Reports

Net4 PAT up 27 per cent

Total income for the year at Rs 137.63 crore

Wednesday, May 14, 2008

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NEW DELHI, INDIA: IP communication provider Net4 India Ltd reported profit after tax of Rs 9.48 crore for the fiscal year ended March 31, 2008, a 27 per cent increase over the previous fiscal.

Total income for the year was Rs 137.63 crore as compared to Rs 103.66 crore posted for the previous fiscal, an increase of 33 per cent.

Earnings per share grew to Rs 5.80, 26 per cent higher as compared to last year's Rs 4.61.

"We are pleased with the results and our overall performance in the last financial year. The year 2007-08 has been a year of laying strong foundations for future services whilst remaining focused on our core strengths and adding value to our customers. This fiscal, Net4 has also been listed on the Bombay Stock exchange, thus, strengthening our corporate image amongst the financial community," said Jasjit Sawhney, CEO, Net 4 Ltd.

© CyberMedia News
©CyberMedia News

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