Quintegra Solutions net up by 238 pc

Chennai, July 30 (UNI) City-based Quintegra Solutions Ltd, a leading provider of software solutions and services, has recorded a 238 per cent growth in its net profit for the first quarter ended June 30, 2007.

The company's net profit for the quarter was at Rs 4.70 crore as against Rs 1.39 crore for the same period in the previous year, a company release here said.

The company's income on a stand alone basis for the quarter stood at Rs 20.26 crore as against Rs 13.20 crore for the corresponding period last year, registering an impressive growth of 53.48 per cent.

The company's Year on Year (YoY) net profit, on a stand alone basis, as a percentage to sales, increased from 11 per cent to 23 per cent as compared to the same quarter of the previous year. The company had recorded a sequential growth of 17 per cent in revenue and 136 per cent in net profits. The company's other income stood at Rs 1.85 crore, the release said.

UNI