Aurionpro : eying accelerated growth on sustained positive business momentum and reports revenue of Rs. 166.05 Cr in Q3 FY17-18, EBITDA at Rs. 27.02 Cr.

Key highlights for the Q3 of FY17-18 are:

• Total Revenue for the quarter was Rs.166.05 Crore, up 13.26 % YoY
• Consolidated EBITDA (includes onetime expenses for ESPS of Rs 1.85 Crore, and Forex Loss of Rs 4.05 Crore) for the quarter was Rs. 27.02 Crore, up 48.08 % YoY. Adjusted EBIDTA at Rs.32.92 Crore.
• Profit After Tax (PAT) was Rs.13.33 Crore, up 163.43 % YoY

'In line with our strategy of 'simplifying and sharpening focus' on IP-led growth from core areas of business, we concluded the sale of our IAM business to market leader, KPMG, in January. This landmark deal with KPMG marks a successful conclusion of business restructuring aimed at driving accelerated growth through a robust product portfolio.', said Samir Shah, CEO Aurionpro, 'We will now aggressively focus on driving market leadership for our Isla Malware Isolation Platform and unlocking shareholder value through IP led high-margin growth across the group. With a strong product portfolio, optimized operations and robust support infrastructure we are expecting strong business momentum and revenues in the coming quarters.'