India Infoline Q3 net soars 261 pc at Rs 65 cr

Mumbai, Jan 23: Buoyed by strong performance across sectors, securities firm, India Infoline today recorded a whopping 261 per cent growth in consolidated net profit at Rs 65 crore for the quarter ended December 31,2007 against Rs 18 crore in the same quarter last fiscal.

Income from operations also shot up by 171 per cent during the reporting quarter at Rs 311 crore as compared to Rs 114.5 crore during the corresponding quarter ended December 2006.

The Company Chairman Mr Nirmal Jain said, ''We had robust growth in all our core business. This has been result of our focus on expanding reach, investing in technology and attracting the best in the industry.''

UNI