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The
Economic Times
April 17, 2007: Software
firm CMC on Monday posted an over two
fold rise in net profit for the quarter
ended March 31 at Rs. 19.54 crore as compared
to Rs. 8.55 crore for the same quarter
last year. However, the total income of
the company decreased to Rs. 251.11 crore
for the quarter ended March 31, from Rs.
259.71 crore for the corresponding quarter
a year ago, the software company informed
the Bombay Stock Exchange. For the year
ended March 31, the company recorded a
45.30% increase in net profit at Rs. 64.09
crore as compared to Rs. 44.11 crore last
year. The total income rose to Rs. 994.40
crore from Rs. 857.75 crore.
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