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Geometric consolidated Q4 net dips 39% at Rs 6.72 cr

30 April 2014 (12:05AM)

Software and engineering services provider Geometric Ltd on Tuesday announced it has reported a decline of 39.46 per cent in its consolidated net profits at Rs 6.72 crores for the fourth quarter ended March 2014, weighed down by increase in expenditure and decreased revenue from engineering services followed by others income. “The consolidated net profit of the company stood at Rs 11.10 crore during the same period a year ago,” said Geometric in a filing to the BSE on April 29, 2014. However, the consolidated total income of the company increases by 9.60 per cent to Rs 275.24 crore during Q4 2013-14, from Rs 251.13 crore during the same period a year ago. Reacting to numbers, shares of the company fell 1.21 per cent to end day’s trading at Rs 109.90 a piece from previous close on BSE.

 

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