Net4 India Reports Full Year

NEW DELHI -- Leading Network and Application services provider Net 4 India today posted impressive results for the year ended March 31, 2011 with the consolidated sales of Rs 304 cr (up by 56%) , a 84% rise in PAT at Rs 21.13 cr and a 63 % growth in EPS to Rs 10.84.

The results for Q4 were also quite impressive. On a YoY basis Consolidated Revenue grew by 53% from 60cr to 92 cr, whilst the PAT grew by 79% from 3.3cr to 5.9cr

Announcing the results, Mr. Jasjit Sawhney, CMD Net4 India Ltd, said, We are extremely pleased with our performance this year. This has been achieved as a result of growth across all our service offerings.

He said, The market for our service offerings continues to grow at a good pace and we feel that it would continue for a while to come, as Indian businesses are still highly under penetrated. We continue to expand the depth of our service ranges, add new service variants, optimize our productivity and improve our customer experience.

Net 4 India Ltd.