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Cranes Software net up 68 pc

Deccan Herald   
Friday, 31 January 2003   

Cranes Software International Ltd. (CSIL) a global scientific and engineering products and solutions provider, today announced a 48 per cent sequential quarter on quarter growth with a turnover of Rs. 11.02 (Rs. 7.47 crore in Q2). The results showed Rs. 7.32 crore coming from the overseas market and Rs. 3.7 crore from the domestic market. After a charge of Rs. 0.69 crore as depreciation. Profit Before Tax stands at Rs. 3.76 crore (Rs. 3.04 crore Q2). After provision of Rs. 0.5 crore for current taxation and deferred taxation, Net Profit for the quarter has grown sequentially by 68 per cent to Rs. 3.26 crore (Rs. 1.94 crore Q2).


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