Glodyne Technoserve Q2 FY11 Results : Net profit rises 43.65%

by khalid on 30/10/2010 · 0 comments

Glodyne Technoserve Limited has posted a phenomenal increase in net profit for the period Q2 (ending Sep 2010) of the current fiscal (FY11). During the said quarter, net profit rises 43.65% to Rs 34.82 crore in comparison to the Rs 24.24 crore of Q2 (ending Sep 09) of previous year(FY10). Glodyne Technoserve Limited is an information technology (IT) services company based in India. The Company’s business units are Technology Infrastructure and Management Services (Technology IMS) and Software Services. Technology Integration activities include resale and integration of hardware/system software/database software/networking products with or without one another.

The company informed the share market(BSE) that the net sales increased 33.24% to Rs 214.91 crore in quarter ended Sep 2010 when compared with the last years same quarter ended Sep 2009 which was Rs 161.30 crore.

Share’s Data :-
BSE Code : 532672
Mkt. Cap : Rs 2694.17 Crores
Glodyne Technoserve Ltd. share’s CMP is Rs 1100.05 on 29th Oct 2010.

Source :- BelltheBull

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