TAC Infosec Q1 results: PAT up 94% at Rs 2.32 cr on rise in customer base

Quick Summary:

Cybersecurity vulnerability management firm TAC InfoSec on Tuesday reported a 94.45 per cent rise in net profit to Rs 2.32 crore in the June 2024 quarter, mainly due to an increase in customer base and ongoing global market expansion.

TAC InfoSec (TAC Security) reported total revenue of Rs 5.14 crore for the April-June quarter of 2024-25, reflecting a year-on-year increase of nearly 94 per cent.

This growth is complemented by the company's expansion into 55 countries, up from 22 just one quarter ago, it said in a stock exchange filing.

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Category: BusinessFinance

Markets: India

Topics: TAC Infosec Q1 profit TAC Infosec report TAC Infosec TAC Infosec Q1 results

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News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 21:13:10 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 15 lines

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Copyright Owner: © Business Standard

News ID: 22066755

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