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(From Business Line)
MUMBAI, Jan. 30. I-FLEX Solutions Ltd has posted a 51-per cent growth in net profit for the quarter ended December 31, 2002, at Rs 53 crore compared to Rs 34.9 crore during the corresponding period of the previous year.
Total income for the quarter registered a growth of 33 per cent at Rs 150 crore (Rs 114.9 crore). On a consolidated basis, net profit for the entire group stood at Rs 52 crore and total income was Rs 163 crore for the quarter ended December 31, 2002.
According to a company release, during the quarter, i-Flex added seven new clients for its flagship product - FLEXCUBE - …