Zylog Systems Ltd., a Chennai based leading technology solutions company and software service provider, has announced their fourth quarter and full year FY11 results.
Highlights for the year ended March 31st, 2011
Consolidated revenue for the year stood at Rs. 1916 crore, up 95.5% Y-o-Y
EBITDA margins at 15.3%
PAT stood at Rs.1.45bn, up 43.8% Y-o-Y
EPS stood at Rs. 88.25, up by 41.7% Y-o-Y
Highlights for the quarter ended March 31st, 2011
Consolidated revenue for the quarter stood at Rs. 5.01bn, up 47.8% Y-o-Y
EBITDA margins for the quarter stood at 16.3% as against 19.3% in Q4 2010
PAT stood at Rs. 34 crore; up by 21.5% over Q4 2010.
EPS for the quarter stood at Rs. 20.64; up by 12.9% Y-o-Y
Commenting on the results, Sudarshan Venkatraman, Chairman & CEO, Zylog Systems Limited, said “I am pleased to announce that Zylog has had a great year in terms of revenue growth with our consolidated yearly revenue closing at Rs. 1916 crore, an increase of almost 95%. While the acquisition of Brainhunter had a role to play in this stupendous growth, what pleases me most is the fact that we have been able to drive operational efficiencies into our Canadian operations and we expect to continue this going forward.”
He also added, “We are also buoyed by the bottom line growth on the back of increased acceptance of our products and solutions business which has displayed significant traction. From an Indian context, our retail business i.e. Wi5 is seeing increased acceptance across multiple states and we do foresee a strong growth for this business in the current fiscal.”
The Board has also recommended a dividend of Rs. 8 per share on face value of Rs. 10
No comments:
Post a Comment