Aftek sales up 41% profits up by 29% in FY´04-05
Mumbai, August 04, 2005:Aftek Limited, a prominent enterprise wide business management solutions provider, has registered a healthy rise of 57% in net sales for the fourth quarter ended June'05 at Rs 57.58 crore as compared to net sales of 36.7 crores in the fourth quarter of June'04. The total income of the Company scaled to Rs. 58.19 crores in the fourth quarter of 2005 as compared to Rs. 37.51 crores in the quarter that ended in June '04 registering a rise of 55%. The Company posted a net profit of Rs 13.03 crore for the period resulting in earnings per share of Rs 1.74 (Basic). Net profit was however flat compared to the prior period net profit mainly due to revaluation of foreign currency assets and FCCB related expenditure.
Read more...