NIIT net profit dips 60 percentJanuary 19th, 2009 NEW DELHI - IT training major NIIT Ltd Tuesday reported a net profit of Rs.55 million for the third quarter ending December 31, a 60 percent dip compared to Rs.139 million profit in the same period a year before. The dip in profits has been attributed to the launch of NIIT Uniqua and increased depreciation due to new school projects that impacted profit after tax (PAT) for the quarter, a company statement said.
NIIT net dips 42 percentJuly 29th, 2009 NEW DELHI - IT training service provider NIIT Ltd Wednesday reported 42 percent dip in net profits to Rs.9.9 crore for the quarter ended June 30 as against Rs.17 crore in the like period last year. However, the company recorded one percent increase in its net revenue to Rs.261 crore from Rs.259.5 crore, NIIT said in a statement.
NIIT Technologies profit dips 52 percentJanuary 13th, 2009 NEW DELHI - IT solutions provider NIIT Technologies Wednesday said its net profit dipped 52 percent to Rs.16.8 crore (Rs.168 million/$3.36 million) for the third quarter ending Dec 31 from Rs.34.7 crore (Rs.347 million/$6.94 million) in the same period last year. However, the company's revenues rose six percent to Rs.248.5 crore (Rs.2.49 billion/$480 million) for the quarter, as compared to Rs.233.8 crore (Rs.2.3 billion/$460 million) in the same period last year, a company statement said.
NIIT annual net profit up 44.1 percentMay 27th, 2009 NEW DELHI - IT training and talent development company NIIT has reported a 44.1 percent increase in standalone net profit for 2008-09 despite a 17.8 percent fall in its fourth quarter earnings. The company's net profit for last fiscal stood at Rs.47.21 crore, up from Rs.32.77 crore in 2007-08, while the January-March quarter profit fell to Rs.23.14 crore from Rs.28.14 crore in the same period of 2008.
NIIT to provide Infrastructure Management Training, collaborated with Microsoft, Sun, Cisco, EMCMay 29th, 2009 NEW DELHI - IT training and talent development provider NIIT has partnered with industry stakeholders to provide certified training in infrastructure management services (IMS), the company said Friday. IMS broadly refers to the development and maintenance of networking system of an organisation.
HCL Tech net profit up 49.1 percentJanuary 22nd, 2009 NEW DELHI - Software and outsourcing major HCL Technologies Friday reported 49.1 percent growth in its net profit for the quarter ended Dec 31 at Rs.3.98 billion (Rs.398 crore/$80.7 million) as against Rs.2.67 billion a year ago. The company's net profit for the half-year period ended Dec 31 was up 22.7 percent at RS.65.18 billion as against Rs.53.11 billion in the corresponding period last year.
Dell profit sinks 23 percent in slumping PC market but edges past Wall Street estimatesAugust 27th, 2009 Dell profit down 23 pct but just beats estimateSAN FRANCISCO — Dell Inc. says its second-quarter profit fell 23 percent as the personal-computer industry's slump dragged on this summer.
Summary Box: Dell profit sinks 23 percent in slumping PC marketAugust 27th, 2009 Summary Box: Dell profit down 23 pctFINICKY BUYERS: Dell Inc.'s second-quarter profit fell 23 percent as demand for computers remains soft. Sales fell 22 percent.
Summary Box: HP's third-quarter profit plunges 19 percent as PC, ink sales remain weakAugust 19th, 2009 Summary Box: HP profit hurt by weak PC, ink salesPROFIT PINCHED: Hewlett-Packard Co.'s fiscal third-quarter profit fell 19 percent despite what the company described as improving conditions in the consumer personal computer market. HP's net profit was $1.64 billion, or 67 cents per share, versus $2.03 billion, or 80 cents per share, in the year-ago period.
Check Point Software 2nd-quarter profit down slightly, but adjusted result beats forecastJuly 28th, 2009 Check Point 2Q profit down slightly; tops forecastREDWOOD CITY, Calif. — Check Point Software Technologies Ltd., which makes Internet security products, said Tuesday its second-quarter profit slipped nearly 5 percent on one-time charges.
Infosys net up 33 percent in third quarterJanuary 12th, 2009 BANGALORE - Infosys Technologies Ltd. has posted net profit of Rs.16.41 billion (Rs.1,641 crore) for the third quarter (October-December) of this fiscal (2008-09), registering 33.3 percent year-on-year (YoY) growth and 14.6 percent sequentially under the Indian accounting system.
Longtop Financial posts 38 percent jump in 1st-quarter profit, raises full-year guidanceAugust 19th, 2009 Longtop Financial's 1Q profit jumps 38 percentChinese financial software developer Longtop Financial Technologies Ltd. said Tuesday its fiscal first-quarter profit rose nearly 38 percent on growing demand across its customer base, and boosted its revenue and profit expectations for the full fiscal year.
Wipro net profit up 18 percent in third quarterJanuary 20th, 2009 BANGALORE - Wipro Ltd has posted a net profit of Rs.10.04 billion (Rs.1,004 crore/$204 million) for the third quarter (October-December) of this fiscal (2008-09), registering 18 percent year-on-year (YoY) growth under the Indian accounting system. In regulatory filing Wednesday, the IT bellwether said its consolidated revenues for the quarter under review (Q3) was Rs.66.18 billion (Rs.6,618 crore), posting 25 percent YoY growth.
Pomeroy IT reports sharp drop in 2nd-quarter profit as revenue declines 35 percentAugust 25th, 2009 Pomeroy IT posts lower 2Q profit, salesHEBRON, Ky. — Information technology services provider Pomeroy IT Solutions Inc.
Oracle profit rises 4 pct, matching Street views, despite 5 percent sales dropSeptember 16th, 2009 Oracle net rises 4 pct, matching Street viewsSAN FRANCISCO — Oracle Corp. says its quarterly profit rose 4 percent despite a 5 percent drop in sales.
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