Date:18/10/2006 URL: http://www.thehindu.com/2006/10/18/stories/2006101800742000.htm

Business - Briefly

Polaris revenue and profit up

CHENNAI: Polaris Software Lab has reported a revenue growth of 10.14 per cent at Rs. 255.57 crore for the quarter ended September 2006, up from Rs. 232.05 crore in the previous quarter. The profit after tax went up from Rs. 20.27 crore to Rs. 27.10 crore. Compared to the same quarter last year, revenues have grown by 20 per cent and the profit after tax more than doubled.