Kavveri Telecom’s Q4 net dips 7%

Kavveri Telecom Products has registered 6.83% fall in its standalone net profit at Rs 7.22 crore for the quarter ended March 31, 2012 as compared to Rs 7.75 crore for the same quarter last year. The total revenue of the company, however, rose 13.04% to Rs 85.72 crore for the quarter under review as compared to Rs 75.83 crore in the corresponding period previous year.

On yearly basis, the company’s consolidated net profit rose 24.62% to Rs 48.44 crore for financial year 2011-12 as compared to Rs 38.87 crore last year. The consolidated revenue of the company was up 47.16% to Rs 454.28 crore for financial year 2011-12 as compared to Rs 308.70 crore in the previous year.