SIS Q1 profit rises 8% to Rs 90 cr

SIS Q1 profit rises 8% to Rs 90 cr

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. Margin improvement actions are also yielding results. The cash logistics segment continues its strong revenue growth of 24 per cent over the same quarter of the previous fiscal, driven by new wins in door-step banking and cash in transit business, it said.

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