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Hyderabad, July 30

Lanco Global Systems Ltd has registered sales income of Rs 18.42 crore and a profit of Rs 2.42 crore for the first quarter ended June 30, 2007, against total sales of Rs 3.97 crore and a profit of Rs 0.06 crore for the corresponding quarter last year. In a statement, the company’s CEO, Mr Y. Anand Swaroop, said that the merger of Lanco Global Systems Inc and Lanco Global Systems Ltd was concluded, and, therefore, revenues of the two companies have been combined.

— Our Bureau

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