Aptech net profit up 41.3 per cent to Rs 8.52 cr in Q3

IT training firm Aptech today said its consolidated net profit has jumped 41.3 per cent to Rs 8.52 crore on the back of improved operational efficiency.
The company's net profit stood at Rs 6.03 crore in the October-December quarter of 2012-13.
Aptech posted 3.6 per cent growth in income in the reported period, which stood at Rs 38.5 crore against Rs 37.1 crore in the same quarter in the previous fiscal, the company said in a BSE filing.
The board has recommended an interim dividend of Rs 2 per equity share (20 per cent on face value of Rs 10) for 2013-14, Aptech said.

Revenues from the retail segment stood at Rs 31.07 crore, while that from institutions was Rs 7.72 crore.
The company saw its administrative cost declining from Rs 9.04 crore to Rs 6.76 crore in the reported quarter, while employee cost increased marginally to Rs 9.59 crore.
Shares of the company closed marginally up at Rs 83.65 apiece on the BSE today.