Wednesday, 27 April 2011

Patni Computer Systems net profit up 12%

    Patni Computer Systems has announced the results as per Indian GAAP for the quarter ended March 31, 2011.

    The company has posted a profit after taxation of Rs 176.75 crore for the quarter ended March 31, 2011 as compared to Rs 158.37 crore for the quarter ended March 31, 2010, up 11.60%. Total income of the company has increased from Rs 511.83 crore for the quarter ended March 31, 2010 to Rs 562.42 crore for the quarter ended March 31, 2011.

    On consolidated basis, the group’s net profit increased marginally by 3.33% at Rs 162.28 crore for the quarter ended March 31, 2011 as compared to Rs 157.04 crore for the quarter ended March 31, 2010. Its total income has increased from Rs 831.79 crore for the quarter ended March 31, 2010 to Rs 912.60 crore for the quarter ended March 31, 2011.

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