Business Daily from THE HINDU group of publications Friday, Oct 19, 2007 ePaper | Mobile/PDA Version |
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Info-Tech
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Financial Performance Corporate Results - Software Tanla Q2 net up at Rs 36.6 cr Hyderabad, Oct. 18 Tanla Solutions Ltd has recorded revenues of Rs 111.41 crore and a net profit of Rs 36.58 crore for the second quarter ended September 30, 2007 against a total income of Rs 47.39 crore and a net profit of Rs 19.65 crore for the corresponding quarter last year. The accelerated growth in revenues and profitability was based on three-tier expansion covering geographical, vertical markets and products-based growth, according to Mr Uday Reddy, Chairman and Managing Director. Th e company ended last fiscal with a total income of Rs 229.21 crore and a net profit of Rs 92.79 crore. During the quarter, the company expanded its operations into North America and Asia Pacific setting up two new subsidiaries in Singapore and the US. — Our Bureau More Stories on : Financial Performance | Software
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