Infotech Enterprises posts 49.7% revenue growth

To expand operations in new locations

The Hyderabad-based Infotech Enterprises Limited has posted a revenue growth of 49.7% as against its previous year. The Profit After Tax (PAT) is at Rs. 83.66 Crores. The company has announced its fourth quarter and year ending March 31, 2007 results.

Chairman and Managing Director BVR Mohan Reddy said the company will be expanding its operations and will be starting their offices at Bangalore, Visakhapatnam and Noida. The Bangalore location will be ready by November 2007 and the offices in Visakhapatnam and Noida would become operational in next year. Also on plans are to increase its headcount by 1500 during the year.

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