- Income up from Operations up to Rs. 1,831.98 Lacs
- Profit After Tax Increases up 27% in Q2
- Company recommended a dividend of Rs. 2/-
Genesys International Corporation, a leading player in Geographical Information Systems (GIS) and digital map content, posted a hike in net sales for the second quarter of the present fiscal. The company’s income from operations for the quarter ended September 30, 2009 stands at Rs. 1,831.98 Lacs as against Rs. 1,822.64 Lacs in corresponding last quarter. PAT increased to Rs. 756.53 Lacs, an increase of 27.28% from Rs. 594.38 Lacs YoY. Earnings Per Share (EPS) stands at Rs.5.07 in Q2 against Rs.4.01 last year.
The Board of Directors of the Company has recommended a 20% dividend.
Commenting on the results, Mr. Sajid Malik, Managing Director of Genesys International Corporation said, " Our results reflect the strong geo spatial and landbase skills we have developed and the confidence in us by our clients."
About Genesys International Corporation Ltd.
Genesys International is a leading geospatial services and content player catering to the needs of major mobile, navigation and consumer mapping players as well as several state and local governments including the United Nations . It has also recently launched one of the most advanced geospatial database programs in India.