PRESS RELEASE: Teledata Informatics revenues at Rs 634.3 crore, up 339%

Teledata Informatics Ltd. has announced their Q2FY07 results today.
Consolidated revenues for the quarter rose by 339 per cent to Rs 634.3
crore.
Please find enclosed and attached the press release for the same. 
 
 

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Press Release
 
 
Teledata Informatics Q2 FY07 Revenues (consolidated) at 
Rs 634.3 crore, up 339% PAT at Rs 86.6 crore up 170%
 
 
Chennai, October 28, 2006: Teledata Informatics Limited, today announced
consolidated results for the second quarter ended September 30, 2006. 
 
Consolidated revenue for the quarter ended September 30, 2006 rose by
339 per cent to Rs 634.3 crore compared to the corresponding period last
year, which stood at Rs 144.5 crore. Consolidated Net Profit for Q2FY07
surged by 170% to Rs 86.6 Crore from Rs 32.0 Crore in Q2FY06.
 
Consolidated revenue for the first-half of FY 2006-07 stood at Rs 976.6
Crore, up by 252% compared to Rs 277.7 Crore, recorded in the same
period of last fiscal. During the same period, Net Profit jumped by 100%
to Rs 131.9 Crore as against Rs 66.0 Crore, posted in the first-half of
FY 2005-06.
 
 
 
About Teledata Informatics:
 
Teledata Informatics Ltd is a global software solutions company
providing enterprise-wide solutions for the Marine, Educational and
Utility sectors. Since its inception in 1990, the company has
demonstrated a first-rate growth to emerge as the global leader in its
markets. The company is recognized and registered as a software
developer by World Bank. It is also registered with UNESCO for its
services. Equity shares of the company are listed at the BSE, NSE, and
Chennai stock exchanges and GDRs are listed at the Luxemburg stock
exchange.
 
For further information, please contact:
 

Preethi Anand 
Public Relations Officer
Teledata Informatics Ltd
Tel: +91 44 28207991 / Fax: +91 44 28250091
Mobile: +91 98847 39627
preethianand@teledatain.com
Aniket Thakur
Adfactors PR
Tel: +91 22 22871361
Mobile: +91 9892173022
aniket.thakur@adfactorspr.com