3i Infotech, Hikal quaterly results

3i Infotech's net profit for the quarter ended March 31 increased 82.4 at Rs 32 crore as against the corresponding quarter previous year. Revenues stood at Rs 210.9 crore, a growth of 73.5 per cent. The company's net profit this quarter increased by 14.9 per cent from Rs 27.9 crore posted in the previous quarter while revenues rose by 22.87 per cent from Rs 171.64 crore for the quarter ended December 31, 2006.

Hikal bottom line up 9 per cent

Hikal, a Mumbai-based contract manufacturing pharmaceutical company, has posted a net profit of Rs.13.4 crore for the quarter ended March 31, 2007, an increase of 7.9 per cent over Rs.12.4 crore registered during the same period last fiscal. The company clocked net sales of Rs 66.2 crore for the quarter, as against Rs 57.8 crore for the fourth quarter of 2005-06, an increase of 14.4 per cent. For the year ending March 31, 2007, net sales stood at Rs 233.7 crore, an increase of 1.2 per cent over the Rs 231 crore for the previous year.