Geometric Software adds 17 new customers

5763 Investors following Geometric. Share this News with them.

0

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

Geometric Software adds 17 new customers

Geometric Software has declared its Q3 results.

Post your opinion here

 

0

Tweet

Share on Tumblr

ALSO READ News and Notices about Geometric See interviews with Geometric Management See what other Experts & Brokerages are saying about Geometric See previous Results of Geometric Geometric BSE | NSE 28/05/12 Are Mutual Funds betting on Geometric?

Geometric Software has declared its Q3 results.

Here are the key concall takeaways:

• Revenue from operations for the quarter was Rs 1240 million, a growth of 16.1% over the corresponding quarter of the previous year.
  
• Operating profit was Rs. 75.52 million, as compared to Rs. 62.59 for the previous quarter, an increase of 20.7%.
  
• Other income was lower at Rs 25.98 million as compared to Rs 52.95 million for the previous quarter.
  
• Profit after tax was Rs 68.07 million as against Rs 90.68 million for the previous quarter.
  
• Earnings per share (EPS) for the quarter was Rs 1.09.
  
• Added 17 new customers and closed new business worth 9 million USD.
  
• Made contract in the oil and gas upstream segment, viewed to be a major growth area for PLM.
• Won a PLM customization project for a marine equipment manufacturer.
• Signed an agreement to develop a Manufacturing Business Intelligence solution for an MES products company.
• Won and started the execution of a turnkey project for a leading structural engineering software OEM.
• Entered into supply chain engineering services for a forging company to provide consulting in plant design and optimization.
• Launched the 'e Kanban' solution for manufacturing operations.