MUMBAI: Sistema Shyam TeleServices (SSTL) which operates under MTS brand name, has signed pact with Kolkata-based company IKF Technologies for business process outsourcing (BPO) services.
However, the financial details of the deal were not disclosed by the firms.
“The board has taken on record the agreement entered in to with Shyam Sistema Teleservices for MTS BPO process,” as per the statement issued by IKF Technologies.
Moreover, IKF Technologies also posted drop of nearly 86 per cent in its standalone net profit at Rs 13.04 lakh for the quarter ended June 30, 2012. For the same period a year ago, the company posted net profit of Rs 93.03 lakh.
Company's income from operations during the reported also trimmed by 51.6 per cent to Rs 5.06 crore from Rs 10.46 crore in the similar period financial year 2012.