Polaris Software Lab Ltd has announced the following Audited results for the quarter ended September 30, 2006:
The Company has posted a profit after tax of Rs 184.987 million for the quarter ended September 30, 2006 as compared to Rs 80.959 million for the quarter ended September 30, 2005. Total Income has increased from Rs 1767.452 million for the quarter ended September 30, 2005 to Rs 2354.267 million for the quarter ended September 30, 2006.
The Consolidated results as per Indian GAAP are as follows:
The Group has posted a profit after tax of Rs 271.038 million for the quarter ended September 30, 2006 as compared to Rs 132.590 million for the quarter ended September 30, 2005. Total Income has increased from Rs 2156.156 million for the quarter ended September 30, 2005 to Rs 2539.504 million for the quarter ended September 30, 2006.