Kellton Tech net profit up 23.6 per cent

The company's total revenues jumped 32.7 per cent to Rs 210.78 crore in Q3, compared to the corresponding period last year.

By Author  |  Published: 6th Feb 2018  1:37 pmUpdated: 6th Feb 2018  1:46 pm
Kellton Tech
Source: Official Website

Hyderabad: Hyderabad-based Kellton Tech, a digital transformation company, has reported a 23.6 per cent increase in its net profit at Rs 17.05 crore during the third quarter ended December 2017, on year-on-year basis.

The company’s total revenues jumped 32.7 per cent to Rs 210.78 crore in Q3, compared to the corresponding period last year.

The company also launched an Internet of Things (IoT) enabled platform for the energy sector. The solution is based on predictive and prescriptive analytics that allows users to make faster and informed decisions.

The platform helps remote monitoring of real-time data from various energy assets and resources. This will help in efficient maintenance of assets and reducing the overall cost of operations.