Technology solutions provider Infotech Enterprises today said its consolidated net profit stood at Rs 35.33 crore for the quarter ended September 30, 2009, while it had a net profit of Rs 34.91 crore in the same period last year.
In October last year, the company had acquired stake in US-based Time to Market Inc, TTM India and TTM Institute of Information Technology India. Hence, the financial results for the quarter ended September 30 are not comparable with the same quarter last year," Infotech Enterprises said in a filing to the Bombay Stock Exchange (BSE).
The company's net sales rose to Rs 237.40 crore in the latest quarter against Rs 221.42 crore in the same period last fiscal.
