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Home > Businesses > Technology & Outsourcing > Media releases

AGC Networks announces Results for the Second Quarter of 2011

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Q2 net up 124% at Rs. 19.06 Cr

October 21, 2011 Bookmark and Share  
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AGC Networks Limited, India’s leading Solutions Integrator in Unified Communication, Network Infrastructure, Information Security and Business Application and Consulting, and a subsidiary of Aegis Limited, an Essar enterprise, today announced financial results for the second quarter ended September 30, 2011.

Key Financial Highlights 

  • Strong revenue growth of 98%, up from Rs. 129.99 Crores in the second quarter of 2010 to Rs. 257.21 Crores in the second quarter of 2011 
  •  Profit after tax jumps by 124% to Rs. 19.06 Crores, up from Rs. 8.51 Crores in the corresponding quarter of last year; net income margin up from 6.55% to 7.41% 
  •  Diluted earnings per common share Rs.13.39, up from Rs. 5.98 per share in the second quarter of 2010.

To download the complete announcement, please click here

 

 
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