Chennai-based education services provider EdServe Softsystems Ltd said its first quarter net profit rose 210% to Rs6.9 crore from Rs2.2 crore in the same quarter last year on robust revenues.
During the quarter to end-June, EdServe's total revenue increased 364% to Rs21.5 crore from Rs4.6 crore same quarter a year ago.
On Friday, EdServe shares declined 0.2% to Rs213 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.2% lower at 18,143 points.
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