Its PAT fell to Rs 4.67 crore during the quarter under review from Rs 10.44 crore posted in the corresponding previous quarter. Revenues grew by 1.8 per cent year-on-year (YoY) to Rs 126.5 crore compared with Rs 124.3 crore in the corresponding previous quarter.
On a sequential basis, net profit declined by 31.3 per cent to Rs 4.67 crore as against Rs 6.8 crore for the trailing quarter ended December 31, 2007.
Its revenues rose by a marginal 2 per cent, from Rs 123.96 crore of the trailing quarter to Rs 126.5 crore. For the full year, net profit stood at Rs 32.13 crore, a decline of 14.18 per cent compared with Rs 37.44 crore recorded in the last financial year.
However, its revenue in the period increased by 26.8 per cent to Rs 485.8 crore (Rs 383.07 crore).
G Ravishankar, CFO, said,
