Date:02/05/2008 URL: http://www.thehindubusinessline.com/2008/05/02/stories/2008050250620400.htm

Back Everonn Systems net rises

Chennai, May 1

Everonn Systems India Ltd, the Chennai-based education and training company, reported a net profit of Rs 6.81 crore on revenues of Rs 30.49 crore for the quarter ended March 31, 2008 compared with a net profit of Rs 4.04 crore on revenues of Rs 29.14 crore for the corresponding quarter previous year. For the whole year, Everonn saw its net profit increase by more than three times to Rs 14.05 crore (Rs 4.08 crore), and revenues more than doubled to Rs 91.23 crore (Rs 43.04 crore), according to a company press release. Mr P. Kishore, Managing Director, Everonn, said the growth came mainly from expanding the virtual and interactive learning classrooms in more number of colleges during the year.

— Our Bureau