Secure cloud solutions and managed services provider 8K Miles Software has reported consolidated net profit of ₹24.15 crore, up 150 per cent for the June quarter ended June 30.
The company had reported a net profit of ₹9.65 crore in the year-ago period. Revenue rose 105 per cent to ₹103.89 crore, whereas EBITDA (earnings before interest, taxes, depreciation, and amortisation) grew 132 per cent to ₹36.78 crore during the period.
Suresh Venkatachari, CMD of 8K Miles ,said: “It’s about next-generation IT process automation and orchestration. It is about how enterprise IT can offer cloud as a service internally with a set of foundational services in an automated Self Service agile fashion with security, governance, optimisation and compliance,” he added.