SIS logs 8% rise in net profit to Rs 90 cr aided by increase in revenue
SIS Ltd on Wednesday reported an 8 per cent rise in net profit to Rs 90 crore for the first quarter ended June 30, aided by increase in revenue.
The company had posted a net profit of Rs 83 crore in the April-June quarter of the preceding fiscal.
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Its revenue from operations for the quarter increased by 11 per cent to Rs 2,976.7 crore from Rs 2,678.2 crore a year ago, the multinational firm in security, facility management and cash logistics solutions said in a statement.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) or operating profit rose by 15 per cent to Rs 139 crore as against Rs 121 crore in the same quarter a year ago.
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