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Infotech revenue up 49 p.c.
HYDERABAD: Infotech Enterprises has reported a 49 per cent growth in consolidated revenue to Rs. 57.9 crores and a multi-fold increase in net profit to Rs. 4.76 crores for the quarter ended June 30, 2004 as compared to the corresponding period of the previous year. Income was Rs. 38.80 crores and net profit Rs. 25 lakhs in the same quarter last year. The company has redefined its mission to create `one global organisation' that integrates its dispersed worldwide operations. It has created greater focus on verticals and accordingly re-aligned its organisation, both front end (sales and marketing), and back end (delivery and support). — Our Special Correspondent
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