Omnitech Q1 PAT up 127% to Rs 884.57 lacs

1772 Investors following Omnitech Infosolutions. Share this News with them.

0

Like this story, share it with millions of investors on M3

Omnitech Q1 PAT up 127% to Rs 884.57 lacs

Omnitech posted PAT of Rs 884.57 lacs, a hop of 127% over Rs 389.57 lacs in the last fiscal. Net Income rose 77 % to Rs 4253.72 lacs, up from Rs 2399.74 lacs for the same period last year.

Post your opinion here

 

0

Tweet

Share on Tumblr

RELATED NEWS Omnitech profit up at 2.7% to Rs 8.84 cr Omnitech expects 30% YoY growth in FY09 Omnitech Infosolution added 41 new clients in FY08 ALSO READ See latest News about Omnitech Infosolutions See previous management interviews See what other Experts & Brokerages are saying about Omnitech Infosolutions Omnitech Infoso BSE | NSE 25/05/12 Are Mutual Funds betting on Omnitech Infoso?

Omnitech InfoSolutions Ltd., India's leading business availability and business continuity services provider has done well in the first quarter of the present fiscal.

The company posted PAT of Rs 884.57 lacs, a hop of 127% over Rs 389.57 lacs in the last fiscal. Net Income rose 77 % to Rs 4253.72 lacs, up from Rs 2399.74 lacs for the same period last year.

"Omnitech's ongoing endeavour to excel in Remote Infrastructure Management and business continuity services has led to enhanced revenues.  We hope to scale up our operations in the coming quarters through both organic and inorganic routes." said Mr. Atul Hemani, Managing Director, Omnitech InfoSolutions.

EPS stands at Rs. 6.73 at present as compared to Rs. 4.11 in the last fiscal. The company has proposed a dividend of 12% for the last fiscal year 2007-08.

The company continues to enjoy the leadership in the area of Business Continuity and Disaster Recovery Services and has established world class practices for Remote Infrastructure Management and Performance Management Services.  

Sourced From: Concept Public Relations India Pvt. Ltd