Aftek delivers yet another impressive quarter
Mumbai, April 29, 2005: Aftek Limited, a prominent enterprise wide business management solutions provider, has delivered excellent performance for the third quarter and nine months, ended March 31st, 2005. The Company has registered a healthy rise in both revenue and net profit during the period.
Backed by strong growth in its services business, for the quarter ended March 31, 2005, the company has posted net sales of Rs 50.76 crore, compared to Rs 36.02 crore in the 3rd quarter of last financial year, a growth of 40.91 %. Operating Profit during the quarter has risen by 27.18 % to Rs 22.46 crore, from Rs 17.66 crore. Net Profit has risen by 34.72 % to Rs 17.61 crore from Rs 13.07 crore during the same period. The Earnings Per Share stands at Rs 2.35 from Rs 1.74, a growth of 35 % (Basic and diluted face value of Rs. 2 per share).