Avaya GlobalConnect, India’s leading enterprise communications solutions integrator, today reported Profit after Tax (PAT) for the second quarter ended March ‘10 at Rs. 9.31 Cr (up by 5536% YOY) exceeding PAT of the previous financial year in 6 months. The Company recorded Gross Sales/Income of Rs.131.21 Cr for its India operation and Rs. 138.48 Cr on a consolidated basis for the quarter. The figures reinforce the company’s stated intent of creating profitable growth.
The company also unveiled its new identity and announced it’s rechristening as AGC Networks Ltd. The re-branding exercise will enable AGC Networks to outpace competition and open a plethora of opportunities in the enterprise communication market.
According to Anil Nair, Managing Director, AGC Networks Ltd, “We are extremely pleased with our Q2 results, as both revenue and margins exceeded expectations. We shall aim at continuous improvement across all business parameters. We will provide a wider range of intelligent solution offerings to attain higher revenues while providing customers best returns on their technology investments (ROTI).”
“The decision to re-brand has been taken to reposition ourselves as an organization providing cutting edge enterprise communication solutions with special emphasis on Data Networking. AGC Networks will announce strategic tie-ups to further strengthen its approach to this large market soon.
We appreciate the immense support from our customers, partners, stakeholders and employees, for ensuring a smooth transition to AGC Networks Ltd.” Anil Nair, Managing Director, AGC Networks Ltd, commented on the transition to the new corporate identity.
To achieve the highest levels of customer response, AGC Networks will also be actively investing in the competency development, professional guidance and viable, long-term growth plans of its people through its program, AGC-Univ.
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AGC Networks with its committed approach towards customers has proved that it is name is synonymous with Customer Responsiveness. It hosted the AGC Customer Responsiveness Awards with ‘The Economic Times’ on 30th April.
About AGC
AGC Networks Ltd. is India’s leading enterprise communication solution integrator delivering customized business solutions that help organizations accelerate revenue growth, increase market penetration, optimize operating costs and improve employee productivity, by embedding communication in their business processes. With a vision of being a world class solution integrator of choice in enterprise communication and to provide best-in-class enterprise communication solutions enabling customers to accelerate their business performance, AGC Networks Ltd. has always remained committed to add more possibilities to its clients and provide them with the best returns on their technology investments. It has partnered with global leaders like Avaya Inc., NICE Systems, NEC, Polycom Inc., Plantronics Inc., Extreme Networks, HP and Sony to name a few, to provide sharp customized enterprise communication solutions. For more information visit the AGC Networks Ltd. web site: http://www.agcnetworks.com/