SIS: India security and facility management to spur growth
SIS is a market leader in all the three segments it operates— security, facility management, and cash logistics services. Revenues from facility management recovered for the second consecutive quarter, and, with that, margins are likely to recover, going forward. March quarter results Consolidated revenues grew by 2 percent quarter on quarter (QoQ), led by a 4 percent growth each in the India security and facility management businesses while international security business remained flat on a constant currency basis. (image) The India security business…
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