Eonour Software Net Up at Rs 2.42 Cr


Business Line :

April 19 2000.

Eonour Software Limited has recorded a net profit of Rs 2.42 crores on net sales of Rs 6.23 crores for the quarter ended March 31, 2000 as compared to a net profit of Rs 10.04 lakhs on net sales of Rs 1.06 crores for the same period in the previous year.

When contacted, Mr R Ramesh, Finance Manager in the company, explained the reson for the jump in sales and profit saying, "A US-based NRI, Mr R Karthik recently took charge of operations as director. His contacts in the business have helped the company increase revenue. Mr Karthik acquired a major stake from the promoter of Indore-based Mikugura Software Limited. Eonour is the new name of the operations".

For the year ended March 31, 2000, Eonour recorded a net profit of Rs 3.44 corers on net sales of Rs 12.88 crores as compared to a net profit of Rs 15.69 lakhs on net sales of Rs 1.58 corers for the previous year.

Of the sales for the year recently ended, as much as Rs 11 corers came from exports, according to Mr Ramesh. The company provides software solutions in the area of business-to-business e-commerce. It also has a software product that helps companies manage dealer networks. Another product from the company stables is a trading management system.



For further details please contact:info@eonour.com