Chennai-based education service firm Edserv Softsystems has announced its results for FY11 that ended 31st March 2011. The company has posted very strong growth numbers, reporting Rs 41 crore profit this year compared to Rs 18 crore last year and revenues in the fourth quarter are at Rs 42 crore compared to Rs 31 crore in the previous quarter, last year. Its earning per share has grown to nearly Rs 27 this year from Rs 15 last year.
Speaking to CNBC-TV18, S Giridharan, CEO of Edserv Softsystems, said that the company is on the expansion mode and it is aiming to post 50% growth in FY12.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!
