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    HomeNewsBusinessEarnings8K Miles Q3 net soars 67% to Rs 44.8 cr

    8K Miles Q3 net soars 67% to Rs 44.8 cr

    After leveraging its success in the US, the company is expanding across Europe and Asia in both public and private sectors, the company said.

    PTI
    February 15, 2018 / 08:47 IST
    We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

    Leading cloud computing player 8K Miles Software Services reported a 67 per cent growth in net profit at Rs 44.80 crore for the three months to December, while it revenue grew 58 per cent to Rs 224.46 crore.

    After leveraging its success in the US, the company is expanding across Europe and Asia in both public and private sectors, the company said.

    "We are very bullish about our platforms as CloudEz and Automaton are seamlessly extensible to address local regulatory compliances globally. It's important now to drive innovation faster and provide new ways of delivering care for patients across the globe," Suresh Venkatachari, chairman and managing director of 8K Miles said.

     

    PTI
    first published: Feb 15, 2018 08:01 am

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