Patni Computer Q2 net loss at Rs 51 cr

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 2:22 AM IST

Software firm Patni Computer Systems has posted a net loss of Rs 51.52 crore for the quarter ended June 30, 2011.

The net sales of the company stood at Rs 821.91 crore for the period under review.

The standalone net profit was posted at Rs 82.03 crore in the quarter ended June 2011, down 46.38% from Rs 153 crore in the corresponding quarter a year ago.

Standalone total income rose by 11.5% to Rs 531.97 crore for the quarter from Rs 477.08 crore in the same quarter a year ago.

At 1.44 pm, shares of the company were trading at Rs 316.95, down 4.81% on the Bombay Stock Exchange.

*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: Jul 25 2011 | 1:36 PM IST

Next Story