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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (8301)10/12/1999 10:23:00 PM
From: Mohan Marette  Respond to of 12475
 
Mastek's net jumps 822.6% higher

12-10-1999 (Probity)

Mastek, one of India's oldest software companies, has made a quantum leap in its profits. The company recorded an 822.6% increase in profit during Q1FY2000. From a mere Rs6.2 mn in Q1 last year, Mastek's profits have reached Rs57.2mn in Q1FY2000. The total income in Q1FY2000 jumped 84% to Rs222.9mn over Rs121.2mn in the corresponding period last year. Mastek closed at 3699, up 219, on the BSE today.



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