Date:26/05/2005 URL: http://www.thehindubusinessline.com/2005/05/26/stories/2005052601850500.htm

Back Scandent Q4 revenues rise to $16.52 m

Our Bureau

Bangalore , May 25

SCANDENT Solutions Corporation Ltd has reported a 5.7 per cent increase in revenues for the fourth quarter ended March 2005.

A company release said that gross revenues for the fourth quarter were $16.52 million, up from the $15.64 million in the third quarter.

Earnings after taxes for Q4 were $2.207 million ($1.801 million).

The company said that the earnings per share translated into Rs 3.31 for the fourth quarter and on an annualised basis it was Rs 13.24.

The core verticals of banking financial services and insurance, government and manufacturing contributed 27 per cent, 26 per cent and 47 per cent, respectively, of the revenues during the last quarter.