IT firm Megasoft today reported a jump of nearly 54% in its consolidated net profit at Rs 6.42 crore for the quarter ended March 31, 2011, over the same period last year.
Net sales of the company rose to Rs 40.06 crore during the January-March period, against Rs 39.26 crore in the same period last year, Megasoft said in a filing to the BSE.
The company during the quarter has won seven deals across geographies and has been granted 26 patents worldwide till date.