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Polaris Q2 profit up 37 %

Special Correspondent

CHENNAI: Polaris Software Lab Ltd. has reported a revenue of Rs.388.34 crore in the second quarter ended September 30, 2010, up from Rs.338.31 crore in the same quarter last year. Profit after tax has grown by 37 per cent to Rs.48.15 crore (Rs.35.20 crore). In dollar terms, revenue has grown to $83.59 million ($69.93 million) and profit after tax to $10.36 million ($7.27million), says a release from the company.

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