Prithvi Information net slips 34%
Total income for the quarter rose 39.15% to Rs 351.28 crore from Rs 252.52 crore in the corresponding quarter last year
Prithvi Information Solutions Limited, a Hyderabad-based global information and communication technology company, reported 34.65% decline in net profit to Rs 2.98 crore for the quarter ended September 30, 2012, as against Rs 4.56 crore in the corresponding quarter last year.
Total income for the quarter rose 39.15% to Rs 351.28 crore from Rs 252.52 crore in the corresponding quarter last year.
The company's total expenditure for the quarter increased 41.96% to 355.75 crore, as compared to Rs 250.60 crore in the corresponding period a year ago, according to a company release.
The company's scrip is currently trading at Rs 16.90 on BSE, up 1.50% from the previous close of Rs 16.65.