CIEL HR Group Government Chairperson Ok Pandiarajan introduced that the corporate, for the primary time, crossed the ₹1,000-crore mark in income.
CIEL HR Group has posted a standalone internet revenue of ₹6 crore for FY24 towards a internet lack of ₹2.7 crore within the year-earlier interval.
The HR options supplier that provides HR Providers and HR Platforms mentioned it posted income from operations of ₹1,042 crore towards ₹767 crore by means of a mixture of natural and inorganic development.
“We achieved this vital milestone in simply 9 years of its journey. This accomplishment underscores our sustained development trajectory pushed by a strategic mixture of natural growth and strategic acquisitions,” government chairperson Ok. Pandiarajan mentioned throughout a press interplay.
All strains of the corporate’s enterprise have been rising quicker than the trade and within the days forward, profitability would improve. Additional, CIEL has centered a major quantity of effort on inorganic development that enhances its present momentum, he mentioned.
The HR Providers enterprise grew by market alternatives within the trade cohorts of AI, cybersecurity, inexperienced power, local weather applied sciences, provide chain, and superior manufacturing.
