Net4 India, a Network and Application Services Provider reported a 93 per cent increase in net profit, up from Rs 30 million for the quarter ended September 2009 to Rs 58 million for the quarter ended September 2010. Its total revenues were up by 67 per cent Y-o-Y from Rs 460 million to Rs 770 million. On a half yearly basis, the revenues increased by 50 per cent, from Rs 845 million for the first half of financial year 2009-10 to Rs 1.26 billion for the first half of financial year 2010-11. The net profits for first half of fiscal year 2010-11 rose by 76 per cent to Rs 88million, as against Rs 50 million during the same period, a year ago.
