Telecom equipment manufacturer, Kavveri Telecom, has posted a net profit of Rs 48.08 crore during the financial year 2012, a 26 per cent increase over the previous year.
Revenues went up 47 per cent to Rs 454.28 crore during the year.
“We have completed a couple of acquisitions in the past year which have also reflected in our financial results. We look forward for new opportunities in the coming year which would drive the growth further,” Mr C. Shivakumar Reddy, Managing Director, Kavveri Telecom Products, said in a press statement.