Omnitech Q1 net up 127% at Rs 8.84 cr

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New Delhi, Jul 17 (UNI) Omnitech InfoSolutions Ltd today said its net profit has increased 127 per cent to Rs 8.84 crore for the quarter ended June 2008 as against Rs 3.89 crore for the same period last year.

The company's net income rose 77 per cent to Rs 42.53 crore for Q1 FY09 as compared to Rs 23.99 crore for Q1 FY08.

''We hope to scale up our operations in the coming quarters through both organic and inorganic routes,'' company Managing Director Atul Hemani said in a statement.

UNI SR SG HS1633

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