New Delhi, Delhi, India
Triton Corp Limited, a leading company, engaged in the business of IT and IT enabled services posted a strong performance for the first Quarter in FY 2007 - 08.
Speaking on the occasion, Mr.K.C.Gupta, MD & CEO - Triton Corp Ltd said "The improved performance has been the result of increased number of processes / clients from countries like UK, USA and Australia which have resulted in higher utilization of existing resources besides catering to higher value added services and also achieving better operational productivity and efficiency. The recent inorganic growth of the company has also added up to the revenues. We expect the trend to continue and hope to perform strongly and sustain the progression in the coming times", he added.
Financial Performance Q1 FY 07-08 Vs Q1 FY 06 - 07
The Total income of the company during the quarter showed an increase of 159% to Rs.230.48 million from Rs.89.05 million reported in the corresponding quarter previous year.
The Net Profit of the company also went up to Rs.40.07 million for the quarter ended June 30th, 2007 as against Rs. 7.78 million reported in the corresponding quarter in the previous year.
The operating profit for the company during the quarter has gone up to Rs.68.78 million for the quarter as compared to Rs. 16.81 million for the corresponding quarter in the previous year.
The Profit before Tax in the quarter ended June 2007, has gone up to Rs. 57.47 million as against Rs.7.85 million reported in the corresponding quarter ending 30th June, 2006.
In January 2007 Triton Corp Ltd purchased 100% equity of Maple eSolutions Ltd from Haryana Fibres Ltd. Maple eSolutions Ltd is a Company in the similar line of business as that of the Company i.e. IT, ITES and BPO. It is currently running a 150 seater Call Centre at Noida (U.P.).
About Triton Corp:
Triton Corp. Limited is engaged in the business of IT and IT enabled services with Saffron Global an SBU. Saffron is running an ultramodern 850 seats call center built with state of art technology with full back up and redundancy measures.
Triton had earlier entered the BPO space with the acquisition of the international contact center-SAFFRON in the year 2004 through the process of amalgamation. It presently runs a 850-seater state-of-the-art BPO centre at Gurgaon.
The call center is 100% EOU registered with STPI. The center is fully on its growth path.
The shares of Triton Corp are listed with the Bombay stock exchange.
To view the press release along with tables, please click on the link given below:
Press release with tables
Source: Triton Corp. Limited (Business Wire India)
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