Kavveri Telecom reports 65% rise in its Q1 net profit

Kavveri Telecom Products has reported unaudited results for the first quarter ended June 30, 2011.

The company’s profit for the quarter ended June 30, 2011 has increased by 65.09% at Rs 8.37 crore as compared to Rs 5.07 crore for the corresponding quarter last year. Its total income has grown by 116.78% at Rs 80.60 crore for the quarter under review from Rs 37.18 crore for the same quarter last year.

Kavveri Telecom Products is a leading telecom products manufacturer, providing world-class hardware products and solutions for the telecom, defense and space industry. Kavveri Telecom combines expertise with experience to deliver state-of-art products and solutions spanning the wide spectrum of wireless Telecommunications.