Infotech, Innosoft & Khaitan Elec Q1 results

CORPORATE SCORECARD

Infotech PAT down 25%

Infotech Enterprises Ltd posted an income of Rs 41.76 crore and a profit after tax of Rs 3 crore during the quarter ended June 30, 2005.

The company's revenue increased by 22.8 per cent but net profit declined by 25 per cent compared with the income of Rs 34 crore and profit after tax of Rs 4 crore registered during the corresponding quarter in the previous year.

Innosoft Tech net up 419%

Innosoft Technologies Ltd recorded a net profit of Rs 52.74 lakh for the quarter ended June 30, 2005, 419 per cent higher from Rs 10.16 lakh in the corresponding quarter of the previous year. Its income from operations increased by 183 per cent to Rs 4.7 crore (Rs 1.66 crore).

Khaitan Electricals net up

Khaitan Electricals recorded a net profit of Rs 1.09 crore in the first quarter of the current fiscal, higher by 990 per cent compared with Rs 10 lakh for the same period in the previous year.

Total income increased by 65 per cent to Rs 41.92 crore from Rs 25.36 crore recorded during the corresponding quarter last year.