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Turnaround by Moldtek

HYDERABAD: The Moldtek Technologies has achieved a turnover of Rs. 56.64 crore and a net profit of Rs. 81 lakh for 2004-05. Sales grew by 25.09 per cent over the last year. In the previous year, the turnover was Rs. 45.18 crore and net loss Rs.92 lakhs, according to a release MTTL is in an advanced stage of setting up its new manufacturing facility at Daman. The company's BPO division crossed a turnover of $250,000 in 2004-05 and made a profit of Rs. 26 lakh. The structural engineering BPO now has six U.S. clients and its medical BPO has one direct client.

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