Things were back to normal after a year of healthy growth at Tulip, even as the company reeled under decreasing hardware margins in an increasingly commoditized networking industry. The result was a new focus on services, as also turnkey projects. Also the focus on wireless as a bigger engine for growth was left intact (the company claims a 70% market-share in RF-based WAN deployments), while BFSI and manufacturing contributed the most to revenues.
Strong performance in wireless WAN integration
Net profit grew 50% to reach Rs 12 crore
l MD: Lt Col HS Bedi l Start-up year: 1992 l Products & services: ISP, VPN Connectivity, Wide Area Networking l Employees:Â 550 l Branches: 35 l Address: C 160, Okhla Industrial Area, Phase I, New Delhi 110019 l Tel: 51678001 l Fax: 51678002 l Website: www.tulipit.com