Net Profit up by 35.8% to Rs. 28.25 crore
Online PR News – 04-June-2012 – New Delhi – New Delhi, May 31, 2012: 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 fourth quarter and financial year ended as on March 31, 2012.
FY12 Performance – Consolidated basis
The Company’s net sales increased by 60.5% from Rs. 275.23 crore for FY11 to Rs. 441.89 crore for FY12
EBIDTA for FY12 stood at Rs. 50.67 crore, up 59.9% against Rs. 31.69 crore in FY11
The Company’s net profit during FY12 registered an increase of 35.8% to Rs. 28.25 crore as compared to Rs. 20.80 crore in FY11.
EBIDTA margin stood at 11.47% as compared to 11.51% in FY11
Earnings per share stood at Rs. 4.53 during FY12 as compared to Rs. 3.53 during FY11
FY12 Performance – Standalone basis
The Company’s revenues increased by 18.4% to Rs. 163.89 crore as compared to Rs. 138.45 crore during FY11
EBIDTA increased by 115.9% to Rs. 34.40 crore as compared to Rs. 27.46 crore in FY11
Net profit stood at Rs. 21.90 crore as compared to Rs. 21.26 crore during FY11
Q4FY12 Performance – Consolidated basis (Q-o-Q)
The Company’s revenues increased by 2.5% to Rs. 117.69 crore as compared to Rs. 114.81 crore during Q3FY12
EBIDTA decreased by 29.0% to Rs. 10.78 crore as compared to Rs. 15.18 crore in Q3FY12
Net profit for Q4FY12 stood at Rs. 5.06 crore as compared to Rs. 9.30 crore during Q3FY12
Commenting on the performance, Mr. Rahul Kanodia, Vice Chairman & CEO, Datamatics Global Services, said: “we are happy to report yet another successful year for our company. The numbers are a testimony that most of our efforts made towards creating a sustainable organisation have translated into tangible results. Despite a weak 4th quarter, we remained on track to post a robust performance in FY12. Going forward, we would continue to build upon this strong foundation to create and nurture greater value for our stakeholders.”
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.
Some of the statements in this update that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.
For more information:
Head - Corporate Communications
Datamatics Global Services Limited
Saif Mogal, Mutual PR
+91 98339 79161