Kellton Tech net up 36 pc to Rs 54 crore in 2016-17

City-headquartered Kellton Tech Solutions Ltd said its net profit grew 35.9 per cent to Rs 53.76 crore in 2016-17, from Rs 39.56 crore in the previous fiscal.

The IT company said total revenues increased to Rs 615.74 crore, from Rs 464.01 crore, a year-on-year growth of 32.7 per cent.

The company acquired nine new clients in the fourth quarter of 2016-17, including a leading insurance provider, credit-reporting agency, US mobile communication solutions provider and a major airport, it said in a statement.

Kellton Tech's Chairman Niranjan Chintam said the company is amplifying its innovation lead in the digital by focussing on deep-tech like cognitive solutions, blockchain, artificial intelligence and internet of things.