Spice Mobiles Q1 net profit at Rs 8.6 cr
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Last Updated: Wednesday, August 05, 2009, 21:45
Mumbai: Mobile handset maker Spice Mobiles on Wednesday reported a net profit of Rs 8.6 crore for the first quarter ended June 30.

The company had a net loss of Rs 50 lakh in the corresponding period last fiscal.

Total income rose to Rs 182.40 crore in the June quarter, from Rs 127.70 crore in the same period previous fiscal, Spice Mobiles said in a filing to the Bombay Stock Exchange.

Revenues from mobile telecommunications business rose to Rs 182.3 crore from Rs 124.60 crore, the IT segment revenues stood at Rs 10 lakh, down from Rs 3.1 crore in the year-ago period.

Shares of Spice Mobiles closed at Rs 14.65, down 1.41 per cent on the BSE.

Bureau Report

First Published: Wednesday, August 05, 2009, 21:45

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