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Mumbai Jan. 22 Zicom Electronic Security Systems has registered a 33.3 per cent rise in net profit to Rs 2.24 crore as compared to Rs 1.68 crore during the corresponding quarter of the previous year.

Net sales rose to Rs 40.64 crore (Rs. 21.28 crore), increasing 91 per cent year-on-year.

Commenting on the results, Mr Manohar Bidaye, Chairman said: "The growth of the company is attributed to the good response for the retail business coupled with increasing demand from the government and corporate sector. We have seen encouraging growth in the eastern markets, where we recently launched two new stores."

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