Quintegra's profit reports 639 per cent growth in Q3

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Chennai, Jan 30 (UNI) Leading software solutions provider Quintegra today reported that its net profit stood at Rs 29.63 crore in Q3 of cuurent fiscal year, posting a whopping increase of 639 per cent, against Rs four crore in the corresponding period last year.

On the consolidated basis the company had recorded a top line growth of 519 per cent for the nine months ended December 31, 2007, a company release said here.

The company's consolidated revenue for the third quarter was Rs 285.96 crore, as against Rs 46.18 crore in the corresponding period of the previous year.

On the stand alone third quarter, the company had recorded a top line growth of 23.30 per cent. The company's stand alone revenue for the third quarter stood at Rs 21.37 crore.

The net profit for the company in the third quarter stood at Rs 2.18 crore, as against Rs 1.81 crore for the same period during the previous year, the release added.

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