The total income has increased from Rs 143.76 crore (Rs 1.43 billion) in Q1-05 to Rs 147.69 crore (Rs 1.47 billion) for the quarter ended June 30, 2005.
According to a release issued by iGate Global Solutions to the Bombay Stock Exchange, the company has posted a net profit of Rs 1.24 crore (Rs 12.4 million) for the first quarter ended June 30, 2005 as compared to a net loss of Rs 3.54 crore (Rs 35.4 million) in Q1 FY05.
The total income has increased to Rs 117.38 crore (Rs 1.17 billion) for the quarter ended June 30, 2005 from Rs 103.12 crore (Rs 1.03 billion) in Q1-05.
The board has co-opted Karl Heinz Achinger as a Director of the Company. Phaneesh Murthy, CEO, of iGate Global said, "The highlight of the quarter was the signing of a multi-year preferred supplier agreement with one of North America's premier financial services groups."
"Our client's corporate strategy is a validation of our premise that organizations will increasingly align technology and operations to focus on business outcomes. We will be working closely with their team to help them realize their vision", Phaneesh added.
© 2026