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Hyderabad, Nov. 1

Backed by two acquisitions and robust business, Cambridge Technology Enterprises Ltd has recorded consolidated revenues of Rs 13.29 crore and a profit of Rs 2.12 crore for the second quarter ended September 30, 2007 as against an income of Rs 5.95 crore and a profit of Rs 1.36 crore during the corresponding quarter last year. The Chief Financial Officer, Mr Ramesh Reddy, told Business Line “both the acquisitions, Com Creation and Reilly Associates, have been integrated and have begun to yield returns. We continue to scout for more acquisitions.” The company also bagged seven clients during the quarter, Mr Reddy said. —

Our Bureau

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