Omnitech Q1 PAT up 127% to Rs 884.57 lac
Net Income rose 77 % to Rs 4253.72 lacs
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Omnitech InfoSolutions Ltd., India’s leading business availability and business continuity services provider has done well in the first quarter of the present fiscal.
The company posted PAT of Rs 884.57 lacs, a hop of 127% over Rs 389.57 lacs in the last fiscal. Net Income rose 77 % to Rs 4253.72 lacs, up from Rs 2399.74 lacs for the same period last year.
“Omnitech’s ongoing endeavour to excel in Remote Infrastructure Management and business continuity services has led to enhanced revenues. We hope to scale up our operations in the coming quarters through both organic and inorganic routes.” said Mr. Atul Hemani, Managing Director, Omnitech InfoSolutions.
EPS stands at Rs. 6.73 at present as compared to Rs. 4.11 in the last fiscal. The company has proposed a dividend of 12% for the last fiscal year 2007-08.
The company continues to enjoy the leadership in the area of Business Continuity and Disaster Recovery Services and has established world class practices for Remote Infrastructure Management and Performance Management Services.
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About Omnitech InfoSolutions Ltd.
Omnitech InfoSolutions Ltd provides Business Availability Services including Infrastructure Management Services, Application Management Services & Performance Management Services. It also provides Business Continuity Services which include DR Consulting & Management, Data Vaulting Services and Workplace Recovery Services. Turnkey IT solutions like Server & Storage Consolidation, Virtualization, Network Integration Solutions and Data Center Management Solutions are also covered by Omnitech.
Company business is spread across the US, Canada, UK, Belgium, Bahrain and Japan. The client base encompasses sectors like BFSI (Banking, Financial Services and Insurance), Manufacturing, Utilities, Services and IT & ITES organisations.
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