Allied Digital Q3 total income stands at Rs 80.84cr
Allied Digital Services Limited (BSE: 532875) (NSE id: ADSL), Systems Integrator and an IT nfrastructure Management Services Provider company today announced their quarter results with total income of Rs. 80.84 crores for the quarter ended December 31st, 2007, an increase of 86.52 % as compared to Total Income of Rs. 43.34 crores for the quarter ended December 06. The Net Profit after Tax for the quarter ended December 2007 was Rs. 12.10 crores as against a PAT of Rs. 6.70 crores for the quarter ended December 2006, an increase of 80.59%.
Income from operation has seen the growth of 83.24% for the quarter ended December 31st, 2007 .
The company had announced its Initial Public Offer on July 2nd, 2007 and got listed as (BSE: 532875) (NSE id: ADSL) on July 25th 2007. ADSL raised Rs. 85.93 crores through its Intial Public Offer. The funds were utilized in upgradation of existing infrastructure is 1.24 crores, setting up of new strategic business units is 8.82 crores, financial working capital is 8.47 crores and IPO expenses is 7.73 crores
Sourced From: Hanmer & Partners Communications Pvt. Ltd
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