Qintegra Q3 revenue leapfrogs

Chennai, Mar 2 (UNI) Quintegra Solutions Ltd, a leading provider of software solutions and services, has earned a revenue of Rs 17.33 crore in the third quarter of 2006-07, registering a 104 per cent increase over the corresponding quarter last year.

A company release here said the quarterly net profit rose to Rs 1.81 crore, up 91 per cent from corresponding quarter last year and the revenue stood at Rs 17.33 crore as against Rs 8.50 crore for the corresponding period last year.

The net profit was Rs 1.81 crore as against Rs 95 lakh for the same period last year.

Compared to previous quarter ended September 30, 2006, the company's revenue grew by 15 per cent in the third quarter ended December 31 2006 while the net profit jumped by 55 per cent to Rs 1.81 crore from Rs 1.17 crores, it said.

"Our re-organisation and new business model helped us in achieving the above results. We will achieve 50 per cent annual growth in the next three years," said Quintegra Solutions Ltd Chairman and Managing Director Shankarraman Vaidyanathan.

UNI