Rolta India net up to Rs60 cr

Rolta India net up to Rs60 cr
PTI
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First Published: Mon, Jan 19 2009. 07 19 PM IST
Updated: Mon, Jan 19 2009. 07 19 PM IST
Mumbai: Rolta India today reported a consolidated net profit of Rs 60.56 crore for the second quarter ended 31 December, 2008, against Rs60.22 crore in the same quarter of FY’08.
The total consolidated income rose by 32.17% at Rs371.45 crore in the quarter under review from Rs251.94 crore a year ago, Rolta India said in a filing to the Bombay Stock Exchange.
Meanwhile, the company said it would buy-back Foreign Currency Convertible Bond (FCCB) issued by it and in this regard it has appointed BNP Paribas Capital as its advisor.
On a standalone basis, Rolta India registered a 11.68% rise in its net profit at Rs60.07 crore in the December quarter as compared with a net profit of Rs68.02 crore in the corresponding year-ago period.
Total income rose to Rs234.90 crore in the second quarter ended 31 December, 2008 from Rs222.22 crore in the same period last year.
Shares of the company closed at Rs87.20, up 0.63% on the BSE.
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First Published: Mon, Jan 19 2009. 07 19 PM IST