MUMBAI (Thomson Financial) - India's i-flex Solutions Ltd. on Friday said
its first-quarter consolidated net profit nearly trebled to 1.06 billion rupees
from 367.1 million rupees a year earlier.
The software company, in which Oracle Corp. has 80.6 percent stake, said in
a regulatory filing with the Bombay Stock Exchange, that total revenues in the
three months to June rose 23.2 percent to 6.32 billion rupees from 5.13 billion
rupees a year earlier.
At 11.20 a.m. i-flex was down 0.88 percent at 1,348 rupees on the Bombay
Stock Exchange and the benchmark Sensex was down 2.58 percent at 14,395.43
points.
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