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Patni Q2 net income up 99%

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BS Reporter Mumbai
Patni Q2 net income up 99%
BS Reporter / Mumbai July 26, 2007
An increased focus on margin improvement during the previous few quarters resulted in Mumbai-based Patni Computer Systems posting a net income (consolidated) of Rs 134.7 crore ($33.2 million) for the second quarter ended June 30, 2007 - an increase of 98.9% as compared to Rs 76.6 crore ($16.7 million) for the same quarter last year. The revenue for the quarter touched Rs 662.8 crore ($163.3 million) - a rise of 14.2% from Rs 656 crore ($143 million) year-on- year.

Sequentially (as compared to the trailing quarter), the company

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First Published: Jul 26 2007 | 1:08 PM IST

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