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Educomp Sol Q4 net up 9 pc

IT education solutions provider Educomp Solutions today said consolidated net profit rose by 9 per cent to Rs 60 crore for the quarter ended March 31,2010,over the same period last year.

IT education solutions provider Educomp Solutions today said consolidated net profit rose by 9 per cent to Rs 60 crore for the quarter ended March 31,2010,over the same period last year.

However,total income declined to Rs 228 crore for the quarter ended March 31 from Rs 343 crore in the corresponding quarter of the previous year,Educomp Solutions said in a filing to the Bombay Stock Exchange.

For the year ended March 31,2010,the company posted a consolidated net profit of Rs 271 crore,an over four-fold jump compared to the preceding financial year.

Shares of Educomp Solutions were trading at Rs 628.10 on the BSE,up 1.11 per cent from the previous close.

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