Helios & Matheson Q2 Net jumps 57%

Chennai-based company had reported a net profit of Rs 9 crore during the corresponding period of previous year

Press Trust of India Chennai
Last Updated : Oct 29 2013 | 4:27 PM IST
IT Services firm Helios and Matheson Information Technology Ltd has reported a 57.4% increase in its net profit at Rs 14.67 crore for the second quarter ending September 30.

The Chennai-based company had reported a net profit of Rs 9.32 crore during the corresponding period of previous year, Helios and Matheson Information Technology said in a BSE filing.

For the six month period ended September 30, 2013, net profit of the company grew to Rs 49.88 crore from Rs 29.31 crore registered during the same period last year.

Also Read

The total income from operations for the second quarter rose to Rs 190.67 crore from Rs 126.24 crore registered during the same period of previous year.

The total income from operations rose to Rs 651.17 crore for the six-month period ended September 30, from Rs 449.30 crore registered during the corresponding period of previous year.

Shares of the company were trading at Rs 95.20 apiece up by 2.59% over previous close in afternoon BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 29 2013 | 4:24 PM IST

Next Story