Bartronics registers 217.71 per cent hike in net profit

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Hyderabad, Jan 24 (UNI) Bartronics India Ltd, a Hyderabad-based solutions provider for automatic identification, data capture and radio frequency identification, has posted 217.71 per cent rise in net profit, at Rs 1,094.72 lakh, in Q3 of current fiscal.

The net profit in the corresponding period of previous fiscal was Rs 344.57 lakh, a release said here today.

The company had reported an income growth of over 299.34 per cent in the quarter.

''Bartronics India Limited, a first mover in the niche sector, is making rapid strides in India and have displayed sterling performances,'' said Bartronics India Ltd MD Sudhir Rao.

''The significant growth of the company in the third quarter of the current fiscal has been reflected in its financial figures'', Rao added.

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