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Rolta shares gain almost 12 per cent on smart earnings

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Press Trust of India Mumbai
Shares of IT solutions provider Rolta India today soared almost 12 per cent after the company reported a 90 per cent jump in consolidated net profit in the quarter ended March 31.

On the National Stock Exchange, the shares rose 11.92 per cent to Rs 101.40.

The Rolta stock ended at Rs 100.65, up 11.34 per cent, on the BSE. In intra-day trade, it surged 19.96 per cent to Rs 108.45, a 52-week high.

Over 76 lakh shares changed hands on the NSE, while 22.93 lakh shares were traded on the BSE.

Rolta on Saturday reported that consolidated net profit increased to Rs 138.82 crore in the quarter ended March 31.
 

Net revenue almost doubled to Rs 1,114.79 crore from Rs 569.96 crore a year ago.

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First Published: May 26 2014 | 5:55 PM IST

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