CMC net marginally up at Rs 23.64 cr
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B. Karthick
Jul 14, 2008, 7:12:11 AM7/14/08
to Kences1
CMC, a subsidiary of Tata Consultancy Services (TCS), reported net
profit of Rs 23.64 crore for the first quarter ended June 30, 2008 a
mere increase of 0.9 per cent from Rs 23.41 crore in the
corresponding quarter last financial year.
Revenue of the firm at Rs 285.35 crore for this quarter grew by 18 per
cent from Rs 240.75 crore for quarter ended June 30, 2007.
On a sequential basis, the company's net profit slipped by 1.2 per
cent from Rs 24.02 crore for the quarter ended March 31, 2008--and
revenue increased by 7 per cent from Rs 265.8 crore.
profit of Rs 23.64 crore for the first quarter ended June 30, 2008 a
mere increase of 0.9 per cent from Rs 23.41 crore in the
corresponding quarter last financial year.
Revenue of the firm at Rs 285.35 crore for this quarter grew by 18 per
cent from Rs 240.75 crore for quarter ended June 30, 2007.
On a sequential basis, the company's net profit slipped by 1.2 per
cent from Rs 24.02 crore for the quarter ended March 31, 2008--and
revenue increased by 7 per cent from Rs 265.8 crore.
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