Nasdaq-listed Syntel, the business process outsourcing firm, reported its first quarter results ended March 31, 2008.

<tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Net income at $20.4 million (Rs 81.6 crore) was up 32.4 per cent from $15.4 million (Rs 61.6 crore) registered in the corresponding previous quarter. Revenues were up 31 per cent at $98.5 million (Rs 394 crore).
</p><p class='TableClas'>Despite the slowdown in the US, sequentially, the company

Syntel Q1 net up 32%

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