Geodesic net up 62% y-o-y

[B. KARTHICK]

Geodesic Information Systems reported consolidated net profit of Rs
49.5 crore for the fourth quarter ended March 31, 2008, up 62 per cent
from Rs 30.54 crore registered during the corresponding quarter of the
previous year. Revenue for the quarter at Rs 107.95 crore rose 110 per
cent from Rs 51.52 crore for the same quarter last fiscal.

For the full year, the company’s net profit stood at Rs 154.99 crore
as compared to Rs 89.82 crore showing a jump of 72 per cent. Revenue
for the year grew 88 per cent at Rs 330.72 crore as compared to Rs
175.57 crore during last year.

EPS stands at Rs 16.85 as compared to Rs 9.97 of the twelve months of
the previous year.