Datamatics Global Services (DGSL),the global Information Technology (IT) and Knowledge Process Outsourcing (KPO) organization partnering several Fortune 500 companies globally for delivering next-generation business solutions today announced the financial results for the thirdquarter ended as on December 31, 2011. -- Datamatics Global Services (DGSL),the global Information Technology (IT) and Knowledge Process Outsourcing (KPO) organization partnering several Fortune 500 companies globally for delivering next-generation business solutions today announced the financial results for the thirdquarter ended as on December 31, 2011.
9MFY12 Performance - Consolidated basis
? The Company's net sales increased by 59.5% from Rs. 203.31 crore for 9MFY11 to Rs. 324.20 crore for 9MFY12
? EBIDTA for 9MFY12 stood at Rs. 32.16 crore, up 161.3% against 9MFY11
? The Company's net profit during 9MFY12 registered an increase of 67.9% to Rs. 21.99 crore as compared to 9MFY11.
? Earnings per share stood at Rs. 3.73 during 9MFY12 as compared to Rs. 2.20 during 9MFY11
? The Company's revenues during 9MFY12 accounted for 117.8% of the total revenues during FY11
? The Company's net profit during 9MFY12accounted for 105.8% of the net profits during FY11
Q3FY12 Performance - Consolidated basis (Q-o-Q)
? The Company's revenues increased by 6.6% to Rs. 114.81 crore as compared to Rs.107.71 crore during Q2FY12
? EBIDTA increased by 26.3% to Rs.13.51 crore as compared to Rs.10.70crore in Q2FY12
? EBIDTA margin improved by 183 bps to 11.8% as compared to 9.9% in Q2FY12
? Net profit for Q3FY12 improved by 38.3% toRs.8.82 crore as compared to Rs.6.38crore during Q2FY12
Q3FY12 Performance - Standalone basis (Q-o-Q)
? The Company's revenues increased by 9.5% to Rs.44.01 crore as compared to Rs.40.17crore during Q2FY12
? EBIDTA increased by 12.9% to Rs.7.18crore as compared to Rs.6.36crore in Q2FY12
? Net profit registered a 6.6% growth at Rs.5.60crore as compared to Rs.5.25crore during Q2FY12
Commenting on the performance, Mr. Rahul Kanodia, Vice Chairman & CEO, Datamatics Global Services, said: "The quarterly numbers remain in line with our projected growth for the financial year. Being a largely export-driven company, the appreciation in the value of US Dollar also had a positive impact. Having created a reputed business model, we are confident of posting a decent growth in the coming quarters as well."
Source: Press release distribution via India PRwire
Notes to Editor
About Datamatics Global Services
Datamatics, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT) and Knowledge Process Outsourcing (KPO) and Consulting services. The company provides business aligned next-generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies. These solutions leverage innovations in technology, knowledge of business processes, and domain expertise to provide clients a competitive edge.
Datamatics specializes in Engineering & Embedded Services, Finance & Accounting Services, Information Management, IT Consulting, IT Services, Publishing Services, Research & Analytics, Resource Augmentation, Smart Document Processing, Billing & Payment Solutions, and Online Retail Solutions.
Datamatics has been conferred with many industry awards globally. A few of them include:
Featured amongst the Global Top 10 Mid-Tier Industry Specific BPO Service Providers in the Global Services 100 list for two consecutive years- 2011 & 2010. The company was ranked amongst the top 20 leaders in financial services (Insurance, Banking & Markets) by International Association of Outsourcing Professionals (IAOP) in 2011.In 2010, became was the proud recipient of Global HR Strategy Award & HR Leadership Award at Asia's Best Employer Brand Awards 2010. Received HR Super Achiever Award at Asia Pacific HRM Congress in 2009. Datamatics is the first Indian company to have won the International Asia Pacific Quality Award in the Services Category in 2007. 'The Black Book of Outsourcing' ranked Datamatics third amongst document process outsourcing providers globally in 2007 and Top 50 Managed Outsourced Vendors in 2006.
Visit www.datamatics.com for more information.
For more information, please contact:Saif Mogal (Account Manager) (L) 912226590939, (M) 9833979161