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R S Software dips on disappointing Q3 results

The stock dipped 6% to Rs 594 on BSE after reporting 2.3% qoq growth in net profit at Rs 17 crore in Q3.

SI Reporter Mumbai
R S Software (India) has slipped 6% to Rs 594 on BSE after reporting a flat 2.3% quarter-on-quarter growth in consolidated net profit at Rs 17.01 crore for the third quarter ended December 31, 2014 (Q3). The small-sized information technology company had profit of Rs 16.62 crore in September quarter.

Total income from operations declined 4.4% at Rs 95.06 corre against Rs 99.47 crore on sequential basis.

The stock opened at Rs 634 and touched a low of Rs 586 on BSE. A combined around 563,000 shares changed hands on the counter till 1520 hours on BSE and NSE.
 
 

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First Published: Jan 16 2015 | 3:24 PM IST

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