Kavveri Telecom has announced its financial results for the quarter ended December 31, 2011.

The company has posted revenues of Rs 1.13 billion for the quarter, a 14.3 per cent increase on a year-on-year basis.

Net income for the quarter was Rs 152.5 million. The company has grown by 40.59 percent for the third quarter, on a year-on-year basis.

The stand alone net profit of the company touched Rs 152.5 and the net sales increased by 4.88 percent to Rs 855.7 million.

The stand alone revenue for the nine months ended on December 31, 2011 also rose by 38.15 percent from Rs 1.79 billion to Rs 2.48 billion, on a year-on-year basis.