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    HomeNewsBusinessCompaniesEdserv sees net grow 30% in FY12, govt orders rising

    Edserv sees net grow 30% in FY12, govt orders rising

    Education services provider Edserv Softsystems expects Indian government orders worth Rs 400-450 million in the current fiscal for skill upgradation services and infrastructure, a top official told Reuters on Tuesday.

    May 31, 2011 / 12:51 IST

    Education services provider Edserv Softsystems expects Indian government orders worth Rs 400-450 million in the current fiscal for skill upgradation services and infrastructure, a top official told Reuters on Tuesday.

    "This year's order pipeline is around Rs 800 million. It includes private and government projects," S Giridharan, chairman and chief executive, said in an interview.

    On Monday, Edserv's Jan-March net profit jumped 86% to Rs 115.2 million while revenues more-than-doubled to Rs 421.5 million during the same period.

    first published: May 31, 2011 12:47 pm

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