Date:29/01/2005 URL: http://www.thehindubusinessline.com/2005/01/29/stories/2005012900690500.htm

Back Datamatics Q3 net climbs 49 pc

Our Bureau

Mumbai , Jan. 28

DATAMATICS Technologies has reported a year-on-year increase of 49 per cent in net profit, at Rs 7.15 crore, for the third quarter of the current fiscal.

Revenues for the quarter, at Rs 14.47 crore, rose 38 per cent. The consolidated net profit fell 10.6 per cent to Rs 5.16 crore, down from Rs 5.77 crore during the previous corresponding period, although revenues grew 22.8 per cent, to Rs 37.8 crore (Rs 30.8 crore).

The board has recommended a dividend of 25 per cent, or Rs 1.25 per share of face value Rs 5.