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Infinite Computer FY11 net up 35% to Rs 107 cr

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Press Trust of India Mumbai

Infinite Computer Solutions (India) today posted a 35.36% jump in consolidated net profit to Rs 107.17 crore for the year ended March 31, 2011.

The company had reported a net profit of Rs 79.17 crore in the same period a year-ago, Infinite Computer said in a filing to the Bombay Stock Exchange.

Net sales of the company increased to Rs 883.28 crore in the year ended March 31 from Rs 664.30 crore in the same period last year.

On the standalone front, Infinite's net profit declined by 21.7% to Rs 34.38 crore in the March 31, 2011, period from Rs 43.91 crore in the previous year.

Infinite Computer is a global provider of IT services, Infrastructure Management Services (IMS) and Intellectual Property (IP) Leveraged Solutions.

Shares of the company were trading at Rs 162.45, down 0.73% from the previous close on the BSE.

 

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First Published: May 10 2011 | 11:02 AM IST

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