VISUALSOFT (INDIA) Q3 NET UP 279%
Article Abstract:
Visualsoft (India) Ltd (VIL), a software company, has posted 279 percent rise in its net profit to Rs3.22 crore during the third quarter of 1998-99 (Rs85 lakh during the third quarter of 1997- 98). The rise in the net profit is attributed to an increase in its export income to Rs8.35 crore (Rs2.82 crore). During the period, it also posted total income of Rs8.40 crore and other income of Rs4.96 lakh. The total expenditure was Rs4.52 crore (Rs1.85 crore) of which interest expenditure was Rs82,000. VIL also recorded depreciation of Rs46 lakh (Rs15 lakh) and gross profit of Rs3.86 crore. (ag)(psr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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SONATA POSTS Rs28.99 Cr NET SALES
Article Abstract:
Sonata Software, Bangalore, has realised net sales of Rs28.99 crore for the third quarter of 1998-99 ended December 31, 1998. The company earned a net profit of Rs3.10 crore during this period. The company's net profit for the nine months ended December 31, 1998 was Rs7.51 crore on net sales of Rs83.51 crore. The audited financial results for the nine month period indicate a 29 percent growth in income on annualised basis. (vsm)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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