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Geometric Q2 net PAT dips 63.33% at Rs 3.3 cr
Posted by Yogesh on Tuesday, 21 October, 2008
NEW DELHI: IT firm Geometric on Monday announced a consolidated net profit after tax and minority interest of Rs 3.3 crore for the second quarter ended September 30, a 63.33 per cent decline over the corresponding period a year-ago.
The company had a consolidated net profit after tax and minority interest of Rs 9 crore in the same quarter last fiscal, Geometric Ltd said in a filing to the Bombay Stock Exchange.
The consolidated total income of the company rose to Rs 149.8 crore for the quarter under review from Rs 127.7 crore in the year-ago period.
For the six month ended September 30, 2008, the information and technology firm recorded a decline of 6.2 per cent at the consolidated net profit after tax and minority interest of Rs 19.4 crore against Rs 20.7 crore in the same period of financial year 2007-2008.
On the standalone basis, the company posted a growth of 72.5 per cent at a profit after tax of Rs 8.8 crore for the September quarter against Rs 5.1 crore during the same period last fiscal.
The standalone total income rose to Rs 65.3 crore in the Q2 of the current financial year from Rs 50.6 crore in the corresponding period previous fiscal.
Shares of the company closed at Rs 29.45, up 1.90 per cent on the BSE. Source The Economic Times
