Chennai, Feb 18: The Chennai-based information technology solutions provider DSQ Software Ltd has reported a total income of Rs 528.51 crore for the eighteen-month period ended December 2000. Net profit was at Rs 126.87 crore. The financials have been audited and was approved by the board of the company on Saturday. The board has also recommended a final dividend of Rs 1.5 per share.Total expenditure was at Rs 316.85 crore. Depreciation accounted for Rs 74.34 crore. Paid-up equity share capital stands at Rs 30.55 crore.
The company has reported a sales of Rs 116.78 crore for the quarter ended December 2000, a growth of 62 per cent compared to the corresponding quarter last year. Net profit for the quarter was at Rs 31.73 crore, an increase of 117 per cent. Details such as total expenses, depreciation, staff costs during the quarter was not available in the company's press release.
The company added 166 professionals during the quarter. New accounts added during the quarter are Liberty Insurance, Exxon Mobil, GE-Singapore etc.
It may be recalled that DSQ Software's previous accounting year ended on June 1999 and was for a fifteen-month period. During the period, it had reported a total income of Rs 276.42 crore and profit after tax of Rs 49.93 crore.
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