Tech

AGC Networks records a profit of Rs 31 in the first quarter

Mumbai (Maharashtra) [India], August 18 (ANI): Wednesday, digital technology giant AGC Network reported that profit after tax in the first quarter of 2010 was 31 rupees compared to 5 rupees in the same period last year.

The company’s revenue rose to Rs 1,195, compared to Rs 994 in the first quarter of 2009. Revenue growth is due to quarterly new customer signatures and enhanced purchase orders.

Interest, taxes, depreciation and pre-amortization profits went from Rs 58 to Rs 57, primarily due to inflationary pressures caused by the second wave of Covid-19 and a global shortage of semiconductor chips that pushed up procurement costs. It has decreased slightly. ..

The company said it was able to achieve significant reductions in financial costs and other cost synergies.

“Our belief in becoming a true’glocal’company has begun to pay off, and will be even more synergistic in shaping customer relationships and relationships, and will be trusted in the ever-evolving world of digital technology. We look forward to becoming a successful partner, “said Sanjeev. Verma.

The AGC Network, including the Black Box, is a leading digital technology solution provider with expertise in designing, deploying, managing, and protecting customers’ IT and communications infrastructure.

(ANI)

AGC Networks records a profit of Rs 31 in the first quarter

Source link AGC Networks records a profit of Rs 31 in the first quarter

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