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Dhiraagu profits rises 14 percent in the last quarter of 2018

Inside a product launch by Dhiraagu. (Photo/Dhiraagu)

Local telecom company, Dhiraagu has announced that their revenue has risen by 14 percent in the last quarters of 2018. 

Financial statistics released by the company show an income of MVR 704.7 million in the last quarter of the past year. It is a MVR 46 million more than the previous quarter. And a gross profit of MVR 231.8 million;  a 13.9 percent increment. The company made a gross profit of MVR 203.4 million in the third quarter of the past year. 

Reports show that that last year Dhiraagu paid MVR 41 million as tax in the fourth quarter. The company is their revenue increased in the last quarter due to mobile and fibre sales.

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