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Monday, Oct 21, 2002

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Ontrack Q2 profit at Rs 30.6 lakh

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KOLKATA: The Kolkata-based Ontrack Systems Ltd (OSL), a systems integration and software services company, has posted revenue of Rs 3.53 crore during the second quarter ended September 30, 2002, compared with Rs 2.33 crore recorded in the corresponding period of 2001.

The company's profits during Q2 this fiscal stood at Rs 30.62 lakh, a 38 per cent increase from profits of Rs 22.13 lakh notched during the corresponding period of last year.

According to a press release issued here, OSL's exports during Q2 went up to Rs 2.81 crore, against Rs 96.63 lakh during the corresponding period of 2001.

The release states that OSL has received accreditation for quality Management System of the company from Norsk Akkreditering of Norway. The company is preparing itself for SEI-CMM standards for its India Development Centre in Kolkata, according to the release.

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