Date:25/01/2007 URL: http://www.thehindubusinessline.com/2007/01/25/stories/2007012503040400.htm

Back Moldtek revenue, net up

Our Bureau

Hyderabad, Jan. 24

Moldtek Technologies Ltd has registered net sales of Rs 22.76 crore with a net profit of Rs 2.26 crore for the third quarter ended December 31, 2006, as against sales of Rs 18.45 crore and a net profit of Rs 1.01 crore for the corresponding period last year.

Last fiscal, the company registered sales income of Rs 70.87 crore with a net profit of Rs 3.4 crore. The Managing Director of Moldtek, Mr J. Laxmana Rao, in a statement said "the first nine months this fiscal have been propelled by growth in the KPO business and the company is a US acquisition engaged in the engineering services."