Comments
VAMA Industries Limited, an IT infrastructure company, has posted a net profit of ₹1.68 crore in the second quarter ended September 30, 2020, as against ₹ 65.10 lakh in the same quarter last year.
The firm reported net sales of ₹ 11.70 crore (₹ 9.67 crore) in the quarter.
For the first half, the firm reported a net profit of ₹ 1.55 crore (₹ 1.25 crore) and net sales of ₹ 16.26 crore (₹ 20.55 crore).
“We are expanding into the latest technologies like High Performing Computing Services and cloud services which are in high demand globally. We have already done some projects in the cloud space. These two have tremendous growth prospects in the future,” Rama Raju VA, Chairman and Managing Director of VAMA Industries Ltd, said.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.