On YoY basis, consolidated net sales were up by 30% to Rs 214.93 crore. OPM was up by 360 bps which resulted in OP growth of 65% to Rs 36.53 crore. Other income stood at Rs 1.67 crore for Mar 17 quarter as compared to Nil for Mar 18. Interest cost was higher by 52% to Rs 4.89 crore and depreciation was higher by 4% to Rs 1.7 crore. This resulted in a PBT growth of 58% to Rs 29.94 crore. After providing total tax of Rs 7.62 crore, higher by 59%, consolidated PAT for Mar 18 quarter stood at Rs 22.32 crore, up by 58% YoY basis.

Commenting on the results, Mr. Niranjan Chintam, Chairman & Whole-time Director, Kellton Tech,said:

"The year ended on a positive note. With investments in leadership development, brand building, technology, and innovation, we are now trusted digital transformation partners for our clients. This year leveraging our expertise in Artificial Intelligence, Analytics, Cloud, and the Internet of Things (IoT) we will deliver innovative solutions for our clients, sustaining growth and improving shareholder value"

Other updates

Acquired PlanetPro,a Silicon Valley-based global firm providing Salesforce .com, Analytics, and Custom Program services to enterprise Clients.

Kellton Tech drives innovation in the Energy Sector with its IoT enabled AI Platform.

Acquired 10 new clients in FY 18, prominent of them are:

• Redefining the customer journey using an advanced Cloud -based, digital healthcare platform for one of the largest medical technology manufacturer in the US,

•Delivering resilient, scalable cloud based solution for a leading Non-Banking Finance Company,

•Fuelling the next wave of growth with Artificial Intelligence for the largest corporate & leisure travel agencies in Indonesia,

Implementing Network Analysis and Anomaly Detection for an award-winning provider of intelligence products and advanced analytics solutions,

•Redefining the Operations using analytics and location based technologies for the largest and the fastest growing food service company in India