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Nettlinx clocks 16% growth in H1 revenue

Nettlinx clocks 16% growth in H1 revenue
Highlights

City-based internet services provider Nettlinx Ltd on Thursday announced its financial results for the second quarter. The company reported total comprehensive income (TCI) of Rs1.88 cr for the half year ended September 30, 2017, up by 15.74 per cent, as compared to Rs1.64cr in the previous corresponding half year. 

Hyderabad: City-based internet services provider Nettlinx Ltd on Thursday announced its financial results for the second quarter. The company reported total comprehensive income (TCI) of Rs1.88 cr for the half year ended September 30, 2017, up by 15.74 per cent, as compared to Rs1.64cr in the previous corresponding half year.

Dr Manohar Loka Reddy, Chairman, Nettlinx Ltd, said: “I am pleased with our first half results and the performance is in line with our expectations. I believe in the continuous strength of our core businesses and diversification activities and I am optimistic that the second half will be exciting.”

Earnings per share (EPS) for the half year ended September 30, 2017, stood at Rs1.64, as compared with Rs1.43 in the same period last year fiscal. Nettlinx is an internet infrastructure initiative of the Nettlinx Group.

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