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Polaris Software Q1 net up 46%

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BS Reporter Mumbai

Polaris Software posted a 46 per cent growth in the profit before tax for the quarter ended June 30, 2010 over the corresponding period last year.

The PAT reported is Rs 46.6 crore as compared to Rs 31.83 crore in April-June 2009.

The total income is also up by 18 per cent at Rs 367.96 crore from Rs 312.22 crore for the same quarter last year.

Despite reporting PAT for Q1, the stock lost Rs 15.10 or 7.28 per cent. The Sensex too was down 51.22. During market hours the share was trading at Rs 192.20.

 

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First Published: Jul 15 2010 | 3:34 PM IST

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