Don’t miss the latest developments in business and finance.

Rolta India Q2 consolidated net up marginally

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 7:17 PM IST

Rolta India today reported a consolidated net profit of Rs 60.56 crore for the second quarter ended December 31, 2008, as against Rs 60.22 crore in the same quarter of FY08.

The total consolidated income rose by 32.17 per cent at Rs 371.45 crore in the quarter under review from Rs 251.94 crore a year ago, Rolta India said in a filing to the Bombay Stock Exchange.

Meanwhile, the company said it would buy-back Foreign Currency Convertible Bond (FCCB) issued by it and in this regard it has appointed BNP Paribas Capital as its advisor.

On a standalone basis, Rolta India registered a 11.68 per cent rise in its net profit at Rs 60.07 crore in the December quarter as compared with a net profit of Rs 68.02 crore in the corresponding year-ago period.

Total income rose to Rs 234.90 crore in the second quarter ended December 31, 2008 from Rs 222.22 crore in the same period last year.

Shares of the company closed at Rs 87.20, up 0.63 per cent on the BSE.

Also Read

First Published: Jan 19 2009 | 6:32 PM IST

Next Story