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Shadowfax Technologies Swings to Profit in Fiscal Q4

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Shadowfax Technologies (NSE:SHADOWFAX, BOM:544685) swung to profit in the fiscal fourth quarter ended March 31, with a consolidated profit of 558.3 million Indian rupees from a loss of 98.6 million rupees a year ago.

Earnings per share came in at 0.94 rupees from a loss per share of 0.20 rupees a year earlier, the logistics company said in a filing to the Indian stock exchanges on Thursday.

Revenue from operations in fiscal Q4 increased to 12.4 billion rupees from 7.12 billion rupees a year ago.

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