Fortune India :
Febraury 15, 2002.

At a time when the information technology industry is facing severe difficulties, Eonour Technologies, the Chennai based ISO 9000 certified technology solutions provider , focusing on enterprise application integration(EAI), has put up a heartening show for the third quarter of the fiscal 2002.

With total sales in the third quarter (October to December) registering 38.4 per cent rise - from Rs.12.23 crore in the corresponding quarter last year to Rs 16.93 crore this year, the company has earned a higher gross profit of Rs.5.51 crore as compared to Rs.4.44 crore ,showing a rise of 24 per cent.The net profit works out to 4.43 crore (RS.3.86 crore), showing an increase of only 15 per cent on account of higher provision for interest.

The overall performance for the first 9 - month period (April to December 2002) is also quite impressive. On an expanded income of Rs.48.03 crore (Rs.32.22 crore), indicating a spurt of 49 per cent, the company has earned a higher net profit of Rs. 12.49 crore to Rs.11.21 crore.

" I am confident of maintaining these growth rates in the last quarter of the current year also, in view of growing demand for the company's software and various technology-based products," maintains Mr. R.Karthik, chairman and managing director.


For further details please contact:info@eonour.com