Financial Daily from THE HINDU group of publications
Thursday, Jan 26, 2006
Financial Daily from THE HINDU group of publications Thursday, Jan 26, 2006 |
|
|
|
|
|
|
|
Info-Tech
-
Financial Performance Corporate Results - Software Kale posts 31 pc rise in revenues Our Bureau
Mumbai , Jan. 25 KALE Consultants Ltd (Kale), a software solutions and outsourcing services provider to the travel & transportation industry, has recorded a 31 per cent rise in revenues of Rs 16.38 crore for the quarter ended December 31, 2005, against Rs 12.46 crore in the corresponding quarter previous year. The company recorded a profit after tax of Rs 1.38 crore (Rs 43 lakh) for the third quarter, a growth of 223 per cent, a company release said. "The improved margins are on account of Kale's product-led business model, wherein, costs corresponding to the incremental revenues grow at a lower rate, resulting in improved profitability. "The dedicated investment towards the creation and enhancement of product solutions has started paying off," a company release said here.
More Stories on : Financial Performance | Software
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|