iGate Global Solutions on Wednesday a net profit of Rs 18.98 crore (Rs 189.8 million) for the third quarter ended December 31, 2004, a jump of 218 per cent.
The company had reported an income of Rs 124.85 crore (Rs 1.24 billion) for the period October-December 2004, up 24.67 per cent over Rs 100.14 crore (Rs 1 billion) in the third quarter last year.
It has posted a consolidated net profit of Rs 15.84 crore (Rs 158.4 million) for the quarter ended December 31, 2004 as compared to a net loss of Rs 2.66 crore (Rs 26.6 million) for the quarter ended December 31, 2003.
The total income stood at Rs 157.80 crore (Rs 1.57 billion) for the quarter ended December 31, 2004 as against Rs 145.36 crore (Rs 1.45 billion) for the period in 2003.