8K Miles
By
Research Desk
about 8 years ago
8K Miles Software Services is a global Cloud, SaaS and security solutions company based in the San Francisco Bay area.
The company posted a strong set of numbers for Q1FY17. On a 21% (QoQ) rise in consolidated revenue, the company posted a net profit of Rs.19 crore, up 57%. EBITDA was up 40% at Rs.37 crore. EBITDA margins improved to 35.4% v/s 30.5% in Q4 and 31.4% in previous Q1.
The company has postponed its foray into the United Kingdom, following Brexit. Currently, the company has no exposure to Europe or Britain.
40.00 (+0.45)