Kellton Tech’s Net Profit for Q1 Rises by 56 per cent; makes it up to Rs. 8.59 Cr

Aug 31, 2015 posted by Kellton Tech Media Team

Kellton Tech announced a significant 56% rise in net profit earnings at Rs. 8.59 crores for the quarter ended June. The company also declared a considerable leap in revenue by 124 per cent that adds up to Rs. 103.76 crore and discloses its target to generate annual revenue worth Rs. 2,000 crore in the next three years. 

With the recent acquisition of Prosoft Technology Group, Kellton Tech expects a run rate of 110 crores with employee benefits increasing to Rs. 55 crores approximately for FY16.

Read more at:

Economic Times: http://economictimes.indiatimes.com/articleshow/48744436.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The Hindu Business Line: http://www.thehindubusinessline.com/info-tech/kellton-tech-solutions-q1-net-up-at-rs-86-crore/article7599166.ece