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
Story continues below Advertisement

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

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!