IT company Net4 India today reported 83 per cent rise in consolidated net profit at Rs 5.49 crore for first quarter ended on June 30. The company in financial Year 2010-11 posted net profit of Rs 3 crore for the same period. The income from Internet related services of the company for the Q1,FY'12 also jumped by 55.39 per cent at Rs 76.19 crore from Rs 49 crore posted by it over same period in FY'11,it said in a statement. The company during the quarter garnered Rs 72.21 crore revenue from domestic sales and Rs 3.98 crore from overseas market. Headquartered in Noida,Net4 has a pan India presence with offices in 11 major business cities.
