Education solutions provider Educomp posted a 61.4 per cent increase in its year-on-year consolidated profit after tax for the third quarter ended December 2008. The net profit for the period stood at Rs 31.82 crore compared to Rs 19.71 crore in the year ago period.
HCL Infosystems Q2 PAT down 32%
New Delhi: HCL Infosystems recorded a fall of 32 per cent in its year on year profit after tax for the second quarter ended December 2008. PAT stood at Rs 55.25 crore for the quarter while in the year ago period, it was at Rs 81.41 crore. The company recorded a foreign exchange loss of Rs 9.57 crore in the quarter. Sequentially, net profit fell 16 per cent while the revenues shot up by 0.47 per cent. The board has declared an interim dividend of Rs 1.50 a share, at the rate of 75 per cent.
Kale Consultants net jumps 79%
Mumbai: Kale Consultants recorded a net profit of Rs 1.47 crore for the third quarter ended December 2008, up 79 per cent from Rs 0.82 crore for the corresponding quarter last year. Revenues for the quarter at Rs 25.12 crore grew 26 per cent from Rs 19.98 crore for the corresponding quarter of the last year. Sequentially, the company’s net profit was down 23 per cent from Rs 2.6 crore and revenue dipped 3.8 per cent from 26.2 crore.