Business Standard

Micro Technologies Q4 profit rises over 3-fold to Rs 24 cr

The income from operations rose to 322 cr, up 61% from 200 cr

Related News

Software and hardware solutions provider (India) rose over three-fold to Rs 24.54 crore in the fourth quarter of 2011-12.

This is against a net profit of Rs 7.12 crore in the same period last year.

The rose to 322.26 crore during the quarter, up 61% from 200.50 crore.

Micro Technologies India Ltd CEO Ganapathy V said, "The growth has been due to a combination of domestic as well as international factors. The company saw good growth from markets in the Middle-East, South-East and the US."

For 2011-12 fiscal, Micro Technologies' net profit increased 67% to Rs 129.94 crore, while income from operations rose 44% to Rs 861.88 crore.

"We are looking to expand our retail business and would be launching bio-metric and video surveillance systems for infrastructure sector, which included both the government and commercial space," he added.

Shares of the company closed at Rs 145.50 apiece on the BSE, down 0.92% from its previous close.

Read more on:   
|
|
|

Micro Technologies Q4 profit rises over 3-fold to Rs 24 cr

The income from operations rose to 322 cr, up 61% from 200 cr

This is against a net profit of Rs 7.12 crore in the same period last year.

Software and hardware solutions provider (India) rose over three-fold to Rs 24.54 crore in the fourth quarter of 2011-12.

This is against a net profit of Rs 7.12 crore in the same period last year.

The rose to 322.26 crore during the quarter, up 61% from 200.50 crore.

Micro Technologies India Ltd CEO Ganapathy V said, "The growth has been due to a combination of domestic as well as international factors. The company saw good growth from markets in the Middle-East, South-East and the US."

For 2011-12 fiscal, Micro Technologies' net profit increased 67% to Rs 129.94 crore, while income from operations rose 44% to Rs 861.88 crore.

"We are looking to expand our retail business and would be launching bio-metric and video surveillance systems for infrastructure sector, which included both the government and commercial space," he added.

Shares of the company closed at Rs 145.50 apiece on the BSE, down 0.92% from its previous close.

image

Read More

Lupin Q3 net up 43% at Rs 335 cr

Consolidated net sales of the company rose by 38% to Rs 2,465.9 cr

Recommended for you

Advertisements

Quick Links

Results Calendar
Rss icon May 2015 Rss icon
Sun Mon Tue Wed Thu Fri Sat
12
3456789
10111213141516
17181920212223
24252627282930
31
Results Tracker
Available for 1192 companies
Quarter Mar 2015 Mar 2014 % chg
Sales 899,901.24 919,310.67 -2.11
Op. Profit 293,368.73 307,347.92 -4.55
Net Profit 51,959.04 86,033.61 -39.61
Figures in Rs crore

Back to Top