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Infotech Enterprises posts higher turnover

HYDERABAD: Infotech Enterprises has reported a revenue of Rs. 542.54 crore in 2006-07, a growth of 49.7 per cent over the previous year. Announcing the results for the fourth quarter and the year ended March 31, 2007, here on Wednesday, Chairman and Managing Director, B. V. R. Mohan Reddy, said the company proposed a capital expenditure of Rs. 76 crore for the next financial year. The profit after tax was pegged at Rs. 83.66 crore against Rs. 50.32 crore in 2005-06. The company also proposed to announce a dividend of 22.5 per cent.

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