Impressive performance by Triton Corp

November 14th, 2007 - 8:07 am ICT by admin  
Speaking on the occasion, K C Gupta, MD and CEO - Triton Corp Ltd said: “We are happy to realise that Triton has maintained the steady momentum of its growth in this quarter too. A balanced organic and inorganic growth has helped Triton meet its targets and come a long way. The improved performance has been the result of the gradual business development from countries like UK, USA and Australia, which have resulted in better utilisation of existing resources and catering to higher value added services and also achieving better operational productivity and efficiency. With the company treading on a strong strategic platform, we expect the performance to continue and sustain the progress also in the times to come,”

Financial Performance Q2 FY 07-08 Vs Q2 FY 06 - 07

The Total income of the company during the quarter showed an increase of 191% to Rs.313.39 million from Rs.107.48 million reported in the corresponding quarter previous year.

The Net Profit of the company also went up to Rs.57.94 million for the quarter ended September 30, 2007 as against Rs.15.63 million reported in the corresponding quarter in the previous year.

The profit from ordinary activities before tax for the company during the quarter went up to Rs.64.08 million for the quarter as compared to Rs.15.72 million for the corresponding quarter in the previous year.

Financial Performance H1 FY 07-08 Vs H1 FY 06 - 07

The Total income of the company during the half year showed an increase of 177% to Rs.543.87 million from Rs.196.53 million reported in the corresponding half year for the previous year.

The Net Profit of the company also went up to Rs.97.99 million for the half year ending September 30, 2007 as against Rs.23.41 million reported in the corresponding half year in the previous year.

The profit from ordinary activities before tax for the company during the half-year jumped to Rs.110.71 million for the half year as compared to Rs.23.56 million for the corresponding half year in the previous year. (ANI)

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