Home News Business Rolta India Q4 profit up 9% at Rs 73.13 crore

Rolta India Q4 profit up 9% at Rs 73.13 crore

India: Rolta India has reported around 9% increase in consolidated net profit at Rs 73.14 crore for the fourth quarter ended March 31, 2013. The company had posted a net profit of Rs 67.28 crore in the year-ago period, it said in a BSE filing.

The consolidated net income of the company rose to Rs 569.96 crore in the January-March quarter of 2012-13 fiscal against Rs 426.15 crore in the same quarter of 2011-12 fiscal.

Commenting on the results, Rolta India Chairman and Managing Director KK Singh said, “Company has substantially completed its transformation from a services business to an IP-driven product and solutions business.”

Source: ET