This Article is From Aug 07, 2016

Kellton Tech Posts 42% Rise In Q1 Profit

Kellton Tech Posts 42% Rise In Q1 Profit

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Hyderabad: City-headquartered Kellton Tech Solutions Ltd has reported a 42 per cent rise in net profit at Rs 12.2 crore for the quarter ended June 30, 2016.

The IT company had registered a net profit of Rs 8.6 crore for the corresponding period a year ago.

Total income in the June quarter was Rs 140.4 crore compared to Rs 104.4 crore during the corresponding period of last year, an increase of 35 per cent, a company statement said.

The company said it is going to add 100 employees by the end of this financial year.

It bagged 18 new clients in the June quarter.

"Our Q1 FY17 results reflect our growing reputation as a go-to digital partner, even as more enterprises are adopting digital transformation. Being the pioneering enablers of digital transformation, Kellton Tech is uniquely-qualified to enable businesses leapfrog the digital chasm and help them to continuously navigate the digital disruption," chairman Niranjan Chintam said.