Aishwarya Technologies reports profit of Rs 1.13 million for the quarter ended June 2015

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Aishwarya Technologies reports profit of Rs 1.13 million for the quarter ended June 2015

August 18, 2015

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Aishwarya Technologies and Telecom Limited has reported a profit of Rs 1.13 million for the quarter ended June 2015. In contrast, the operator had reported a net loss of 0.12 million for the corresponding quarter in 2014.

The profits are a result of 77 per cent increase in its revenues from Rs 54.13 million for the quarter ended June 2014 to Rs 95.81 million for the corresponding quarter in 2015.

Meanwhile, for the period under consideration, the company also posted a 74.55 per cent increase in expenditure from Rs 52.69 million to Rs 91.97 million.