D-Link India posts 68.75% Growth from Apr-Dec 2012
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE
D-Link (India) Ltd has announced the unaudited financial results for the quarter and nine months ended 31st December, 2012 at its recently held board meeting.
According to the report, the net sales grew at 68.75% for 9 months ended 2012-13 at Rs.253.99 crore in comparison to Rs.150.51 crore during the same period for 2011-12. The company registered 108.5% rise in the net profit for nine months ended 2012-13 at Rs.8.44 crore against Rs.4.04 crore during the same period for 2011-12.
As far as the net profit for Q3, 2012-13 is concerned, it stood at Rs.3.56 crore as against Rs.1.28 crore during the same period for 2011-12, thereby witnessing a surge of 176.83%.
Tushar Sighat, CEO, D-Link (India) Ltd, said, “We have successfully managed to deliver consistent growth quarter over quarter even under volatile market situation. Our strategy and committed focus enabled us to record relentless growth along with improved revenue productivity”
He further added, “It was, indeed, our enhanced emphasis on the Enterprise segment since the last couple of quarters that helped us yield such positive result. We have successfully managed to make inroads in Government, Large Corporate segment for our enterprise offerings.....See More