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Polaris Software Lab net profit rose 45.37% to Rs 19.00 crore in the first Qtr for june ending 2008-2009 compared to Rs 13.07 crore in same QOQ Previous year 2007. Sales rose 19.83% to Rs 267.12 crore in the first Qtr for june ending 2008-2009 compared to Rs 222.91 crore in same QOQ Previous year 2007.
TCS has announced first quarter results for year ending 2008-2009.
Net Profit : Net profit after taxes of Rs 1204 crore for the qtr end June 30, 2008 as compared to Rs 1073.85 crore for the qtr end june 30 2007.
Income : Total Income has increased from Rs 4183.87 crore for the qtr end june 30 2007 to Rs 5321.88 crore for the qtr end June 30, 2008.
Consolidated results : It has posted a net profit of Rs 1290.10 crore for the qtr end June 30, 2008 as compared to Rs 1202.93 crore for the qtr end june 30 2007. Total Income has increased from Rs 5211.54 crore for the qtr end june 30 2007 to Rs 6530.34 crore for the qtr end June 30, 2008.
Infosys Technologies announces its first quarter number for year 2008-2009.It has given very good increase in Profit from 1249 to 1302 crore which is a growth of 4.24 percent which is more than expected on the sales side it shot up by 6.87% at Rs 4,854 crore from Rs 4,542 crore QoQ .The EPS for the quarter is set at 22.71.
Ramco Systems closed negative even after the company informed yesterday that on the meeting thats going to be held on 10 July 2008 they are planning to consider issue of equity shares on rights basis.
Compucom Software Ltd which was listing at 32 rs or so saw upper freeze today after it informed the market that the Company has been awarded an ICT project by Secondary Education Department, Government of Rajasthan to provide Computer Education on BOOT basis in 2292 Govt. Schools of Rajasthan. The contract value is worth Rs 142 Crores (approximate). Today the Company has received letter of Intent (LOI) in this regard from respective Deputy Directors.
Infosys Technologies Ltd has informed the market that BBVA and Finacle from Infosys sign a strategic global partnership for using the product across its wide banking network , this will help in getting more contracts from them, Infosys has released this statement regardign the partnership.
HCL Technologies rose 10.26% to Rs 263.08 crore in qtr end Mar 2008 compared to Rs 238.59 crore during the during the same QTR Prev Year 2007. Sales rose 33.02% to Rs 1275.58 crore in qtr end Mar 2008 compared to Rs 958.97 crore during the during the same QTR Prev Year 2007.
Micro Technologies India Ltd has announced the market that they had to offer Micro LMTS (Lost Mobile Tracking System) to secure the mobile handsets of 2 million MTNL Subscribers. They launched this on april 15th 2008, not sure how the laptop software is going to work which i have talked about in my other site , this cellphone software which will track where the Lost mobile will surely work fine .
http://www.techcrunch.in/2008/04/14/how-to-track-lost-notebook/
| Infosys Technologies has announced its fourth quarter and financial year 2008 numbers. |  |
>Net profit of Rs 4659 crore as against Rs 3856 crore in FY07 and
>Net sales at Rs 16692 crore versus Rs 13893 crore.
>FY08 EPS stood at Rs 81.56 as against its guidance of Rs 81.07.
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Everyone would be looking for infosys results which are coming out tomorrow. Infosys seen reporting good Q4 March 2008 results. A total of five prominent brokerages expect a between 3.56% to 6.2% growth in Infosys.
Estimate
>Consolidated net profit at between Rs 1223.10 crore to Rs 1254.40 crore in Q4 March 2008 over Q3 December 2007.
>Operating profit margin is seen remain more or less steady compared to 32.6% in Q3 December 2007.
>Expect Revnue growth of 5.5% to 6.5% at between Rs 4504.50 crore to Rs 4546.90 crore.
In just 12 more hours we will see if they beat the estimates or go below.
Financial Technologies India Ltd has informed in the market that the Company has acquired 90% stake in ICX Platform (Pty) Ltd, a Technology Company situated at Johannesburg, South Africa, having IPR & corporate ownership of Electronic Warehouse Receipts Technology, at a cost of upto USD 1.50 million, subject to applicable approvals and fulfillment of certain Representations and Warranties by the Sellers of ICX.
| Mastek Jan-March 2008 quarter PAT up 65% year-on- year at Rs 35 cr Revenues for quarter up 22% year-on-year at Rs 239 cr EBITD A margins expand to 19.3%, EPS (non-annualised) at Rs 12.33 |
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Strong full year FY2008 and FY2009 grow th outlook driven by:
* Addition of 11 new customers including new partnership w ith Thales UK
* Expansion of order book (to Rs 406 cr) and opportunity pipeline
* Grow ing acceptance of Elixir™ enterprise solution in insurance vertical
* Entry into the non life segment of Insurance vertical through STG acquisition
* Continued benefits from productivity & efficiency enhancement initiatives
i-flex will be soon called as Oracle Financial Services , as we all know that I flex is owned 80 percent in equity by Oracle , they have decided to call i-flex as Oracle financial services , this is after the Sebi’s approval and Board Members agreement.
Prithvi Information Solutions Ltd has announced the market that they have recently bagged an order worth Rs 12 crore from Huwei Technologies Ltd and BSNL (Karnataka and Gujarat) for rendering Telecom Engineering Services which includes RF engineering, project management, planning, optimization and deployment.
| MindTree Consulting Ltd on April 01, 2008 informed the market about has announced that it has changed its name to MindTree Ltd with immediate effect. And also they hjave changed the logo i mean not really a logo change but change in the name of logo. |
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