CMC Limited has announced its consolidated Operating revenue of Rs.560.75 crore during the quarter ending September 30, 2013, which represents growth of 15% q-o-q and 22% y-o-y. The company earned profit after tax of Rs.67.31 crore, representing growth of 27% q-o-q and 36% y-o-y.
R. Ramanan, CEO & MD, CMC, said, The Company has registered excellent growth in the international markets and continues to find very good traction among its clients across geographies. The Company added 19 clients across geographies. The Company has maintained its margins after providing for salary hikes to its employees.
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On a cumulative basis the Company earned operating revenue of Rs.1,046.79 crore in the first half of the current financial year, resulting in growth of 15% over the corresponding period last year.
Moreover, the Company added 19 new clients during this quarter.
