Content area
Highlights Recognized as 'Supplier of the Year 2012' in the International category by The Boeing Company Q4 was good with significant customer wins Copyright 2013 Cyber Media (India) Ltd., distributed by Contify.com
CMD: BVR Mohan Reddy www.infotech-enterprise.com
Another good year and the healthy financials sums it all. In FY13, revenue and net profit grew by 21% YoY and 43%, respectively. The company's other achievement over FY13 relates to its significant improvement in Free Cash Flow (FCF)-FCF generated was `112 crore vs `51 crore last year and it is the highest ever. Employee gross addition for the year was 3,092-highest ever. Infotech also added 64 customers during the year, 34 in engineering and 30 in UT&C-which; crossed milestone of $100 mn revenue in FY13. Utilities and Telecom BU posted YoY growth of 32.1% in INR terms and 16.8% in US Dollar terms. Meanwhile the Content BU for the full year achieved 26.3% YoY growth in INR terms. Infotech also opened a new SEZ facility inaugurated at Kakinada.
Highlights
Recognized as 'Supplier of the Year 2012' in the International category by The Boeing Company
Q4 was good with significant customer wins
Copyright 2013 Cyber Media (India) Ltd., distributed by Contify.com
Copyright 2013 Cyber Media (India) Ltd., distributed by Contify.com