Net4 India announces FY12 results, Net Profit soars 62 %, Revenue up by 53 %

Net4 India Ltd, a leading Data Centre, Cloud Hosting and Network Services Provider, today announced the Consolidated Financial Results for the Financial Year ended March 31st, 2012.
 
May 29, 2012 - PRLog -- New Delhi, 29th May, 2012: Net4 India Ltd, a leading Data Centre, Cloud Hosting and Network Services Provider, today announced the Consolidated Financial Results for the Financial Year ended March 31st, 2012. The company reported a massive 53.20 % increase in Revenue, from Rs. 303.57 Cr in FY 11 to Rs. 465.08 Cr. in FY12. Profit After Tax growth has come in even higher, growing from Rs. 21.13 Cr to Rs. 34.14 Cr, an increase of 61.57 %






Highlights of FY12

Figures in Rs Lakhs      FY ended 31.3.2012    FY ended 31.3.2011    Growth %
Total Income                                 46,942.65                  30,769.02             52.56%
PAT                                              3,414.21                      2,113.05              61.58%
EBITDA                                            9,692.69                     6,093.05             59.07%
EPS (in Rs.)                                          17.02                           10.84             57.01%
         


Commenting on the performance, Mr. Jasjit Sawhney, CMD, Net4 India said, “We are extremely pleased to have churned out yet another year of significant growth. The consistent growth trend, in the last 3 quarters, indicates that this momentum will continue in the coming year as well. Whilst there has been growth across our entire service portfolio, Web services and Data Centre & Cloud services have really stood out.
We continue to deepen engagement with customers and have increased the number of services per customer quite substantially in the past year. During the last year we have added over 150,000 new customers in our Web Services Business and are currently witnessing demand like we have never seen before.”


About Net4 India

Net4 is India’s leading Data Centre, Cloud Hosting and Network Services Provider. It is a NSE & BSE company with consolidated revenues to the tune of Rs. 465 Crores (2011-12). Net4 focuses on providing services to businesses (small, medium and large) and its offerings include Data Centre & Cloud Hosting Solutions, Enterprise Internet Services, VoIP Solutions, Enterprise Messaging & Hosting Solutions and Domain name registration.

Net4 has a PAN India presence with offices in 11 major business cities. We serve over 400,000 SME customers for our wide range of Web Services, over 3500 Medium to Large businesses for Enterprise Services and 3000 resellers across segments. Net4 is amongst the largest provider of hosted email, web hosting and domain name registration (www.net4.in) in the Asia-Pacific region.
The company’s client base includes the likes of CNBC TV18, Essar, Godrej, Hutch, ITC, L&T, Lufthansa, NIIT, ONGC, Proctor & Gamble, Reliance, Sahara, SBI, Siemens, and TCS.
Net4 operates seven (7) state-of-the-art Internet Data Centers (IDCs) and 15 Network Points of Presence across the country, providing the highest possible levels of availability, scalability and security. This infrastructure is connected to an STM-16+ Internet Backbone across multiple undersea cables and to NIXI via STM1 interconnects in multiple cities. Net4 also manages a VoIP/ SIP infrastructure with a capacity of 100 million minutes per month hosted out of India, US & Singapore.

Net4 has the distinction of being the first Internet services company in the World to be IS0 27001 certified, for Information Security standards adopted at its Data Centers. It is also ISO 9001:2000 certified, a Microsoft Gold Partner and an ICANN & .IN accredited Domain Name Registrar.

________________________________________

For Further Details, Please Contact:
Aashish Dasaur
+91 9999165659
pressdesk@net4.com
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