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Virinchi Technologies posts higher revenue
HYDERABAD:
Virinchi Technologies, a Hyderabad-based IT products and services provider focusing on domains of Retail micro lending, registered total revenues of Rs. 6.76 crore during the fourth quarter, marking a 23.35 per cent increase over Rs. 5.8 crore during same period in the previous year. The net profit recorded during the fourth quarter increased to Rs. 2.26 crore from Rs. 1.92 crore. Total revenue during the year stood at Rs. 25.7 crore, which is 40.5 per cent higher than Rs. 18.2 crore of the previous year and the net profit stood at Rs. 8.5 crore.
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