Kellton Tech net profit jumps 32%

Our Bureau Updated - November 19, 2018 at 12:47 PM.

Kellton Tech Solutions Ltd., a leader in digital transformation serving start-ups, reported a 32.6 per cent growth in net profit at ₹19.85 crore for the quarter ended September 30 compared to the same quarter last year, which stood at 14.96 crore.

The Hyderabad-based company’s total revenues grew to ₹210.64 crore (184.84 cr) for comparative quarters showing a 14 per cent increase.

The company reported an EBITDA of ₹30.54 crore for the quarter under review, as compared to ₹27.6 crore during the corresponding period of previous year, registering an increase of 10.7 per cent.

Niranjan Chintam, Chairman & Whole-time Director, Kellton Tech,said, “We continue to maintain steady momentum with a strong pipeline. The company acquired 16 new clients during the quarter.”

Published on November 19, 2018 07:17