CMC net profit up 9 per cent in Q4

Business Standard - April 18, 2008

Mumbai-based CMC, — a subsidiary of Tata Consultancy Services (TCS) — announced a 9 per cent rise in its consolidated profit after tax at Rs 24.02 crore for the quarter ended March 31, 2008, compared with Rs 21.91 crore in the corresponding quarter last year.

The firm, however, reported an 8 per cent fall in its revenue for the quarter ending March 2008 at Rs Rs 265.8 crore for the full year ending March 31, 2008, it posted a consolidated profit after tax at Rs. 92.35 crore, a rise of 33 per cent, compared with the Rs. 69.32 crore in the corresponding period previous year.
BS Reporter