The public sector Keltron has crossed a landmark milestone in its history by achieving a turnover of ₹ 522 crore with a net profit of ₹20 crore, surpassing the previous best of ₹458 crore.
The subsidiary companies of Keltron namely Keltron Component Complex Ltd (KCCL), Kannur and Keltron Electro Cermics Ltd. (KECL), Kuttippuram, also improved their performance by achieving a turnover of ₹80 crore and ₹13.85 crore respectively. Thus Keltron group turnover achieved an increase of 15% compared to last year by posting a total of ₹614 crore with a total net profit of ₹23.15 crore.
An official press note issued here recently said the performance was achieved in spite of a loss of almost two months of work due to the COVID-19 pandemic and overcoming the disruption in the electronics components supply chain.