TAC Security Posts Strong Fiscal Growth with Tripled Profits

TAC Security reported a remarkable Rs 6.52 crore profit in the first half of the fiscal year, a significant increase from Rs 1.92 crore the previous year. The company's revenue also more than doubled, reaching Rs 13.16 crore, underscoring its successful global expansion and client acquisition strategy.


Devdiscourse News Desk | Chandigarh | Updated: 07-11-2024 14:12 IST | Created: 07-11-2024 14:12 IST
TAC Security Posts Strong Fiscal Growth with Tripled Profits
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Cybersecurity firm TAC Security reported a profit of Rs 6.52 crore for the first half of the current fiscal year, a significant increase from the Rs 1.92 crore recorded during the same period last year.

The company's operating income surged to Rs 13.16 crore for the April-September period, up from Rs 5.01 crore a year ago. In the second quarter ending September 30, TAC Security recorded a net profit of Rs 4.2 crore and an operating income of Rs 8.02 crore.

Founder-Chairman and CEO Trishneet Arora attributed the company's success to a strategy of global expansion and client acquisition, which resulted in over threefold growth in net profit and over twofold growth in operating income during H1FY25.

(With inputs from agencies.)

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