D-Link - the end-to-end networking solutions provider for consumers and businesses, announced the financial results for Year ending 31st March 2012 at its Board meeting held on 03rdMay 2012.
Year Ended 31st March Results – key highlights
The revenue for FY 2011-12 was up by 74% at Rs. 22,196.78 Lakhs as against Rs. 12,735.85 Lakhs in last year
The Net Profit after tax (PAT) for FY 2011-12 was up by 106% at Rs. 704.14 lakhs as against 341.90 lakhs in last year
A record revenue growth of 151% YoY in Q4
For the quarter D-Link achieved an all-time record quarterly revenue, and net profit.
Fourth Quarter Results – key highlights
The revenue for Q4, 2011-12 was up by 151% at Rs. 7,145.45 Lakhs as against Rs. 2,846.00 Lakhs in Q4 last year
The Net Profit after tax (PAT) for Q4, 2011-12 was at Rs. 299.25 lakhs as against 7.90 lakhs in Q4 last year
Revenues for Q4, 2011-12 was up by 17% at Rs. 7,145.45 Lakhs from Rs. 6,091.88 Lakhs as compared to the previous quarter of current year
The Net Profit after tax (PAT) for Q4, 2011-12 was up by 132% at Rs. 299.25 lakhs as against 128.79 lakhs as compared to the previous quarter of current year
“We are extremely delighted with the unprecedented growth in the fourth quarter and the financial year” said Mr. Tushar Sighat, Chief Executive Officer of the company, “We have delivered strong financials this year and have successfully demonstrated continued growth overconsecutive quarters;we have witnessed steady growth in revenues & profits. Our growth is largely attributed to strong network of partners and their trust we enjoy. Their contribution in each aspect of business has propelled revenues and helped gain market share”.
Commenting on the future growth plans Mr. Tushar added “Year 2012 marks the dawning of D-Link’s “Cloud Era”. D-Link Cloud, latest product line developed to emphasize our commitment to the cloud space. D-Link Cloud products integrate with the mydlink platform, offering users fast and easy access to the most valuable functions of their devices.
D-Link (India) Limited is poised to carry forward this existing growth momentum & scale new heights of success in times to come.