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.
- Country:
- India
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.)