New Delhi, Delhi, India
Triton Corp Limited, a leading company, engaged in the business of IT, IT enabled services and BPO posted a strong performance for the year ending March 31st, 2007.
Speaking on the occasion, Mr.K.C.Gupta, MD & CEO - Triton Corp Ltd said "This was an year of significance to Triton Corp with the strides and performance depicting tremendous growth. Increased number of processes / clients from all the three prime regions - UK, USA and Australia have resulted in higher utilization of existing resources besides catering to higher value added services to the clientele. With this trend and the current strategy for business expansion in place we hope to perform and grow better in the coming times also."
Financial Performance of the Qtr ended Mar 07 Vs Mar 06
The Total income of the company during this quarter showed an increase of 65% to Rs.183.37 million from Rs. 111.31 million reported in the corresponding quarter ended March 31st, 2006
The Profit After Tax of the company has gone up to Rs.39.79 million as compared to Rs.33.42 million reported in the corresponding quarter ended March 31st, 2006.
The Profit before Tax in the quarter ended March 2007 has gone up to Rs. 39.98 million as against Rs.37.71 million reported in the corresponding quarter ending 31st Mar 2006.
Financial Performance of FY 06 - 07 Vs FY 05 - 06
The Total income of the company during the year ended Mar 31st 2007 showed an increase of 68 % to Rs.533.6 million as against Rs. 317.5 million reported for the corresponding period ended March 31st, 2006.
The Profit After Tax (PAT) for the company scaled a growth of 165% to Rs. 121.8 million as against Rs. 45.96 million reported last year.
The Profit Before Tax (PBT) of the company posted a growth of 132% to Rs. 122.2 million as against Rs. 52.64 million reported last year.
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 Triton Corp i.e. IT, ITES and BPO. It is currently running a 150 seater Call Centre at Noida (U.P.). With this Triton raised its operating capacity to a 1000 seater one per shift including the already existing 850 seater infrastructure of its SBU Saffron Global.
About Triton Corp:
Triton Corp. Limited is engaged in the business of IT and IT enabled services with Saffron Global as its flagship unit. 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 2004-05 through the process of amalgamation. It presently runs a 850-seater state-of-the-art BPO centre at Gurgaon.
It has recently completed its major expansion plan and added 450 seats. The call center is 100% EOU registered with STPI. The center is fully on its growth path. Triton Corp's shares are listed with the Bombay stock exchange.
Ajit Parmar, Mutual PR, +91 9873378633 ajit@mutualpr.com
Source: Triton Corp. Limited (Business Wire India)
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