Mindteck Q2 net profit at Rs3.28 crore vs Rs52 lakh last year
Moneylife Digital Team 11 November 2010

Mindteck (India) Ltd said that its consolidated net profit for the September quarter rose to Rs3.28 crore from to Rs52 lakh previous year.

During the September quarter, its revenues increased to Rs68.81 crore from Rs55.96 crore.

The company registered operating profit (EBITDA) of Rs4.76 crore compared to Rs1.78 crore in the corresponding period last year.

Pankaj Agarwal, managing director, Mindtrek, said, "Our renewed focus on select key industry verticals has resulted in significant successes. The momentum continues as we see progressively more growth and stability."    

On Thursday, Mindteck ended 5% up at Rs44 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.4% down at 20,589 points.
 

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