Ranked among top 7 IM service providers globally: Geodesic

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Ranked among top 7 IM service providers globally: Geodesic

Co-Founder & MD at Geodesic, Kiran Kulkarni says that the company is trying to build a stack so that people could communicate across all channels of communication. According to Kulkarni, Geodesic ranks among the top seven IM service providers in the world at this point of time.

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Excerpts from Your Stocks on CNBC-TV18 Watch the full show » RELATED NEWS Geodesic Q1 net profit Rs 145 million,up 90% on year ALSO READ See latest News about Geodesic See previous management interviews See what other Experts & Brokerages are saying about Geodesic Geodesic BSE | NSE 25/05/12 Are Mutual Funds betting on Geodesic?

Co-Founder & MD at Geodesic , Kiran Kulkarni says that the company is trying to build a stack so that people could communicate across all channels of communication. According to Kulkarni, Geodesic ranks among the top seven IM service providers in the world at this point of time.

Excerpts from CNBC-TV18's exclusive interview with Kiran Kulkarni:

Q: Has Mundu led to such a stellar performance?

A: Mundu couples with products like ADePT and IMaround (Instant Messenger), which is a presence engine that gets plugged into email and web channels.

The new product, which we have launched is called as IM Referral that allows word-of-mouth marketing through one's trusted list of friends. So these are the products that have led to good performance this quarter.

Q: Are you looking forward to any new product launches?

A: We have launched a Beta version of Mundu voice over IP product. This is for the first time that voice over IP product has been launched on mobile phones and it works on GPRS, WiFi and bluetooth ranges. Apart from this, we have a couple of products that would be launched this quarter.

Q: On your margins front, you have scored 51%. Are these the levels that you will maintain going forward or will the impact of salary hikes kick-in?

A: Salary hikes have been taken into consideration and we expect to maintain the same growth.

Q: When you started off the year, you gave us a consolidated revenue of Rs 160-170 crore as guidance. In the light of the launch of these new products, are you looking at revising your guidance upwards?

A: At this point of time, we are not looking at revising but we hope that these products would work well. We are excited about the new launches that are coming in. We are excited about the kind of people who have joined Geodesic. So we would like to surpass the guidance that we have given. But let's wait and watch.

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