Trigyn Technologies Ltd. (TRIGYN.NSI), an IT services and staffing firm headquartered in India, last week reported revenue rose 13.0% to INR 3.23 billion (USD 39.3 million) in its fiscal first quarter ended 30 June.

Profit after tax jumped 103.7% to INR 59.4 million (USD1.5 million), according to the company.

Trigyn is traded on the National Stock Exchange of India Ltd. and BSE Ltd. It operates in 25 countries with offices in the US, Canada and Switzerland.

While Trigyn is primarily a provider of enterprise digitalisation solutions and services, its staffing and consulting services are focused on the IT, professional and administrative segments.

In June, the company announced it was awarded an enterprise technology staffing support contract by the city of Baltimore in the US. The contract lasts five years with an initial three-year term and two possible one-year extensions. Also in June, the company announced the United National Office of Information and Communications Technology extended an IT staffing contract to 31 December. Another contract extension announced in June was an IT staffing support contract at the United Nations, which was extended until 31 December. The UN contract included supporting UN missions and offices worldwide.

Share price

Shares in Trigyn closed up 3.31% to INR 129.65 (USD) on Monday in India; they were 0.92% below their 52-week high, according to FT.com.