Aztecsoft Q2 revenue grows 6 per cent

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Mumbai, Oct 17: Aztecsoft has reported revenue of Rs 62.01 crore and a net profit of Rs 6.93 crore a consolidated basis for second quarter ended September.

Quarter on quarter, revenue was up 6 per cent in dollar terms and 5 per cent in rupee terms. On year on year basis, without considering Dendrite revenues, the revenue growth in dollar terms is around l9 per cent.

Profit after tax grew 11 per cent quarter on quarter. Tight control over operations and better utilisation ensured the gross margins improved by about 2 per cent.

Aztecsoft added nine new strategic clients during the quarter under review and the total active client count stands at 89 at the end of the quarter. At 10:27 Aztecsoft shares were down by 0.40 per cent at Rs 63 on NSE.

OneIndia News


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