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.
Financial Highlights for Q4 FY10
• Operating revenues of INR 1,271.71 Mn (USD 27.84 Mn) for the quarter ended March 31, 2010, compared to revenues of INR 1,268.75 Mn (USD 27.13 Mn) in Q3FY10.
• Profit after tax was INR 118.36 Mn for the quarter, compared to INR 162.41 Mn in the previous quarter.
Business Highlights for financial year ended March 31, 2010 FY10
• EPS of Rs.7.51 against Rs. 0.55 in FY09
• Recommended dividend of 55% by the board of directors
• Debt free position on a consolidated basis
• FY10 net profits increased exponentially by 578% to INR 466.61 Mn from INR 68.83 Mn in FY09
• FY10 operating profits increased 11.9% to INR 586.17 Mn from INR 524.04 Mn in FY09 FY10 revenues declined 14.5% to INR 5115.62 Mn (USD 108.12 Mn) from INR 5980.79 Mn (USD 129.47 Mn) in FY09
• New customers’ addition at 37 for the fiscal
• Recognized as an IT Innovator by Nasscom for the third year in a row
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