Mumbai, Nov 13: I-flex Solutions Ltd has declared a net profit of Rs 54.3 crores for the period April-September 2000. The company's net profit stood at Rs 32.4 crores in the corresponding period last year. The net profit has seen a 67 per cent growth in the said time frame.The company has recorded a total turnover of Rs 149 crores between April and Sepetmber this year, again witnessing a 67 per cent growth since the correspon ding period last year. The total revenue in the same period last year stood at Rs 89.4 crores.
The company's total expenses stand at Rs 92.5 crores for the half year ended September 2000.
Earlier this year the company had declared a total income of Rs 206.3 crores for the fiscal 1999-00. i-flex had also announced a net profit of Rs 69.3 million for the 1999-00 fiscal against Rs 50.4 crores in the preceding year.
The company had announced a 1:1 bonus share issue to its shareholders for the second consecutive year.
i-flex is increasing its focus in the Asia-Pacific region, with the introduction of its business intelligence products like the FLEXCUBE information center in Malaysia.
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