R S Software has surged 10% to Rs 136 after reporting 20% quarter-on-quarter (qoq) growth in its consolidated net profit at Rs 10.19 crore for the first quarter ended June 30, 2013. The small-cap IT software products maker had a profit of Rs 8.48 crore in March quarter.
“The company’s consolidated income from operations grew 18% at Rs 89.92 on qoq basis,” R S Software said in a statement.
“The company’s consolidated income from operations grew 18% at Rs 89.92 on qoq basis,” R S Software said in a statement.
EBITDA or operating margins increased to 17.98% in reported quarter from 17.71% on sequential basis.
The stock opened at Rs 128 and touched high of Rs 138 on BSE. Around 40,000 shares have changed hands on the counter till 1017 hours against an average 17,000 shares that were traded daily in past two weeks.
The stock opened at Rs 128 and touched high of Rs 138 on BSE. Around 40,000 shares have changed hands on the counter till 1017 hours against an average 17,000 shares that were traded daily in past two weeks.
