Lanco Global Systems Ltd q2 revenue at Rs.87 Cr

Hyderabad:  LGSL  has achieved consolidated revenue of Rs 87.26 crores for the second  quarter ending 30th September, 2008, 53 percent growth over Rs 56.93 crores in the corresponding quarter of the previous year.

 The net profit of the company stood at Rs 9.98 crores as against Rs 7.11 crores , showing  a growth of 40 percent compared with  the corresponding quarter of the previous year.

The company has posted an EPS of Rs 3.93 (not annualized) as against Rs 2.80 in the corresponding quarter of the previous year.

LGS is a Silver Consulting partner for IBM/COGNOS and a Channel Partner for SAP, and has formed strategic alliances with other companies like Microsoft, Oracle, Comsys, Softlock, Prosmart etc. Our resources have a perfect blend of Domain Knowledge and Application expertise coupled with an excellent knowledge management, quality management and project reporting tools resulting in smooth and successful delivery of projects.

 

Our strategic plan for 2008-09 (April – March) financial year includes organic and inorganic growth, innovative and geometric thinking. As we continue our march to venture globally into new geographies, we would shortly be opening offices at South Africa and the Middle East and this is just the beginning. Our project and support teams are all well geared up to meet the new challenges of the Industry

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