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Tata
Infotech's Q1 revenues increase 41%
31st
July 2003
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Tata Infotech, the global systems integration
company, continues to improve its performance in all segments.
Tata Infotech's revenue for the first quarter ended June
30, 2003 has increased by 41% to Rs. 138.19 crore as compared
to Rs.97.90 crore during the corresponding previous period.
The Net Profit after tax increased to Rs.12.02 crore as compared
to a loss of
Rs.1.13 crore in the previous year's first quarter.
The Manufacturing and Systems Integration Divisions contributed
substantially to the growth in this quarter's revenue and
profits.
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