SIS Ltd Q3 profit rises 16 pc to Rs 79 crore

SIS Ltd Q3 profit rises 16 pc to Rs 79 crore

SIS Ltd on Tuesday reported a 16.5 per cent increase in its profit after tax to Rs 79 crore for the third quarter ended December 2023.
The company — operating in facility management, security and cash logistics — had posted adjusted profit after tax (PAT) of Rs 68 crore in the corresponding quarter of the previous fiscal.

Adjusted PAT is profit adjusted for the benefits of Section 80JJAA of the Income Tax Act, SIS Ltd said in a statement.

Section 80JJAA of the Income Tax Act deals with deductions with respect to the employment of new workmen.

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