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Eonour Tech posts 20 pc rise in sales

Our Bureau

Kochi , Nov. 28

EONOUR Technologies Ltd, a Chennai-based total solutions provider, has recorded an increase of 19.83 per cent in sales for the quarter ended September this year.

A press statement issued here said that sales for the quarter were Rs 27.8 crore compared with Rs 23.2 crore during the corresponding period last year. The net profit was Rs 6.03 crore ( Rs 5.13 crore), an increase of 17.48 per cent.

The company has also realised the growing market potential in the field of networking, and last year it acquired four companies to address this segment. They were merged into a single entity of STADS Ltd, the statement said.

STADS has also had a very good performance in this quarter with sales at Rs 32. 01 crore and net profit at Rs 4.3 crore.

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