Quintegra Solutions' net profit hike in Q4

Chennai, Apr 28: City based Quintegra Solutions Ltd, a leading provider of software solutions and services, has increased its net profit to Rs 1.99 crore in the fourth quarter ended March 31, 2007.

This was 133.64 per cent increase compared to the corresponding quarter last year, a company release here said, adding the company's quarterly revenue too increased to Rs 17.37 crore up by 46.87 per cent, as against the same period last year.

Quintegra's 12-month standalone revenue stood at Rs 62.97 crore and the net profit stood at Rs 6.38 crore, as against annualized revenue of Rs 40.60 crore and net profit of Rs 2.75 crore in the previous year ended March 2006.

On a consolidated basis the annual revenue for the whole year rose to Rs 76.88 crore. The profit zoomed to Rs 6.7 crore, as against Rs 1.38 crore in the previous year.

Consequent to this the earning per share rose to Rs 2.50 per share from mere Rs 0.51 in the previous year, which was increased by close to three times, the release said.

UNI