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MRO-TEK Q2 net rises to Rs 2.98 cr

Our Bureau

Bangalore , Oct. 28

MRO-TEK Ltd has reported a net profit of Rs 2.98 crore for the quarter ended September 30.

The company's profit registered a 146 per cent increase over the corresponding period of the previous year's figure of Rs 1.21 crore.

Revenues were higher by 21.3 per cent to Rs 35.65 crore (Rs 29.39 crore) during the review period.

MRO's revenue saw a 21.3 per cent jump to Rs 35.65 crore for the quarter under review against Rs 29.39 crore during the corresponding previous quarter.

The profit after tax for the first six months of the current fiscal was Rs 4.39 crore (Rs 2.36 crore) against Rs 2.36 crore earlier.

The company plans to launch more products during the year, the first in line being eSona 100 bandwidth manager and eSona 8 telecom switch.

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