Infotech net profit up 19% to Rs 19.8 crore

New Delhi, July 19 (UNI) Infotech Enterprises today posted a 19 per cent increase in its net profit at Rs 19.8 crore for the quarter ended June 30, 2006, as against Rs 16.6 crore for the same period last year.

EPS for the quarter at Rs 12.97, up 17.9 per cent, according to a company statement.

Operating profits increased by 62.4 per cent to Rs 21.9 crore for the quarter as against Rs 13.5 crore for the corresponding quarter last year while operating revenues rose by 49.6 per cent at Rs 117 crore as against Rs 78.2 crore.

Infotech Enterprises is a software services company with core competencies in the areas of Geospatial Data&Technology services, engineering design and IT services.

UNI ARB VJ DB2144