Geometric Q1 net profit up 39% to Rs 15.4 cr QoQ
Geometric's revenues from its US business increased to Rs 155.20 crore from Rs 150.85 crore while Europe's revenues soared to Rs 80.09 crore from Rs 76.73 crore Q-o-Q.
July 29, 2013 / 23:52 IST
Moneycontrol Bureau
Geometric's first quarter consolidated net profit grew by 38.7 percent (down 25.5 percent year-on-year) quarter-on-quarter to Rs 15.4 crore.Consolidated revenue of the software services provider surged 5.3 percent sequentially (unchanged on yearly basis) to Rs 260.3 crore from Rs 247.1 crore.Revenues from its US business increased to Rs 155.20 crore from Rs 150.85 crore while Europe's revenues soared to Rs 80.09 crore from Rs 76.73 crore Q-o-Q.Meanwhile, revenues from Asia Pacific more than doubled to Rs 8.9 crore from Rs 3.81 crore during the same period while domestic revenues increased marginally to Rs 16.08 crore from Rs 15.74 crore Q-o-Q. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
