Teledata Informatics revenue zooms 416 pc

Chennai, July 30 (UNI) Teledata Informatics Limited, a leading software service provider, has ended the first quarter of the curent fiscal with a total revenue of Rs 1,766.85 crore.

A company release here said the revenue marked a growth of 416 per cent, compared to the Rs 342.33 crore made in the same period last year. The profit before tax was Rs 189.84 crore, as against Rs 48.76 crore.

The surge in turnover and profit was mainly attributed to the acquisitions effected by the company and huge demand for its products across the globe, it said.

UNI