The company reported second-quarter earnings of 23 cents a share, beating the five-analyst estimate of 20 cents and up from year-ago earnings of 11 cents a share.
The India-based computer software firm said its better-than-expected earnings were helped in part by exchange rate fluctuations. It said the rupee's depreciation contributed to an increase in income from software development.
The company also announced it invested a total of $1.96 million in two tech companies -- British Virgin Island-based media firm
Asia Net Media
and Austrian mobile phone firm
Alpha Thinx Mobile Phone Services