Patni Computer CY07 net profit at Rs 483.63 cr

Patni Computer has announced its CY07 numbers. It has posted consolidated CY07 net profit of Rs 483.63 crore as against Rs 244.78 crore in CY06. Net sales went up at Rs 2,691.15 crore versus Rs 2,608.03 crore.

Board has approved buyback worth Rs 237 crore of shares at maximum price of Rs 325 per share. Patni planned to buy back up to 5% equity.