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Nu-Tek reports 67.2% growth in revenues at Rs 159.1 cr for FY 2008-09
TT Bureau |  |  18 Jun 2009

Nu-Tek India Ltd announced its financial results for the fiscal ended March 2009 recording standalone revenues of Rs 159.1 crore at a y-o-y of 67.2%. Consolidated revenues stood at Rs 180.3 crore.

 

The company’s consolidated net profit reached Rs 27.1 crore while EPS was at Rs 15.7.

 

Inder Kumar Sharma, Founder and Managing Director, NuTek said, “The last year was one of tremendous growth for the industry on the whole, with 11 million wireless subscribers joining the telecom bandwagon every month. Nu Tek being part of the same sector also had its share of success. Our continuing focus on domain expertise and efficient telecom infrastructure services has helped us carve out a niche in the services sector.” He further added, “The outlook for the coming year ahead remains positive with MNP, 3G and Wi-Max becoming the focus of the year.”

    
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18 Jun 2009(IST)  
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