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Companies » Results » Results

Our Corporate Bureau | New Delhi July 27, 2005 Last Updated at 00:00 IST

NIIT Tech net up 6% to Rs 14 crore

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NIIT Technologies Ltd has announced a 6 per cent rise in its quarterly net profit to Rs 14 crore in the quarter ened June 30 compared with Rs 13.2 crore in the quarter ended March 2004.

The company's consolidated revenues for the quarter grew marginally by 7 per cent to Rs 136.5 crore compared with Rs 127.5 crore in the last fiscal. While 93 per cent of the company's revenues were contributed y IT solutions, the BPO business accounted for 7 per cent totaling Rs 9.3 crore.

The company, however, is optimistic about its BPO business which grew by 29 per cent on a year-on-year basis and expects it to contribute to 8 per cent of the company's revenues next year.

The company achieved a 19 per cent increase in its operating profit margin in 2004-05 compared with 18 per cent in the previous year due to increased focus on three verticals "� banking, retail and transportation.

HSBC to lift dividend as 2012 profit declines

HSBC has closed or sold 47 businesses over the past two years to cut costs, boost profits and manage risk

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Available for 1036 companies

Quarter	Mar 2013	Mar 2012	% chg
Sales	719,049.29	669,627.49	7.38
Op. Profit	248,649.36	223,057.60	11.47
Net Profit	72,292.39	65,334.68	10.65

Figures in Rs crore