Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services and Digital Technology solutions for Product Lifecycle Management (PLM) enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle. Geometric is listed on the Bombay and National Stock Exchanges. The company recorded consolidated revenues of US Dollars 108.1 million for the year ended March 2010. It employs close to 3000 people across 11 global delivery locations in the US, France, Romania, India, and China. Geometric is assessed at SEI CMMI Level 5 for its software services and ISO 9001:2000 certified for engineering operations.
Highlights for quarter ended June 30, 2010
•Revenues in dollar terms stood at USD 29.59 Mn; up 6.3% sequentially and 11.2% Y-o-Y US Engineering Services business achieved breakeven as against a loss in the last quarter and for FY10
•Improved productivity and utilization rates from 87.6% in Q1FY10 to 89.5% in the current quarter
•New business of USD 9.22 Mn
•Added nine new customers this quarter Added 425 new associates in the quarter
•Opened a sales office in Sweden for tapping the growth potential of the Nordics region
•Plans for commencing operations from our first SEZ facility in Bangalore
•An EPS of Rs. 1.70
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