CLIO INFOTECH LTD
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BSE Code:
530839
NSE Code:
CLIOINFO
Business Profile
Business Profile
Formerly known as Clio Finance, Clio Infotech (CLIOINFO) was incorporated in 1992. Initially, the company was engaged in the business of leasing, hire purchase, investment banking, money market operations, and corporate advisory services. Clio Infotech provided corporate consultancy covering company formation, capital restructuring, tax planning, mergers & acquisitions, project consultancy covering preparation of project report, assisting clients in getting projects appraised, loan syndication, and other activities related to public issues. In the year 2000, it opened a software development workshop at Baldeo Baug, Rajnandgaon, Madhya Pradesh. CLIOINFO entered into business tie-ups with NetAvenue for web hosting services, S.R. Singapore for e-commerce, and RoltaNet for selling Internet connections. Currently, the company is focused on its finance business and has stopped software development business. The registered office of CLIOINFO is based at Mumbai, India.
Financials
Clio Infotech registered a steep drop of 69.51% in net profits of Rs 0.25 million for the quarter ended in June 2007 from a profit of Rs 0.82 million for the quarter ended in June 2006The earnings per share (EPS) of the company stood at Rs 0.02 in the quarter ended June 2007 .