Mumbai: Tata group IT company CMC has posted 7.35% rise in consolidated net profit at Rs 21.90 crore for the third quarter ended December 31, 2007, when compared with Rs 20.40 crore recorded during the same quarter a year ago.

According to a release issued by CMC to the BSE today, total revenue fell to Rs 294.86 crore during the quarter under review as against Rs 300.41 crore recorded during the comparable period of last financial year.

On a standalone basis, the company has posted a net profit of Rs 21.17 crore in the reporting quarter when compared with Rs 19.24 crore recorded during the three-month period of previous year. The company's total revenue was down at Rs 273.89 crore from Rs 288.01 crore.