CMC Limited has reportedly announced its Q3 reslts. As per updated information, CMC earned consolidated Operating revenue of Rs. 492.69 crore in quarter ending December 31, 2012, which represents 24% growth over the corresponding period last year. The company earned profit after tax of Rs. 61.06 crore, representing growth of 48% year on year.
Â
 On a cumulative basis the Company earned operating revenue of Rs. 1403.22 crore in the first nine months of current financial year, resulting in growth of 33% over corresponding period last year.
Â
 “The Company has maintained its growth momentum led by Systems Integration and IT enabled Services. We continue to see good traction for our offerings across all business segments and geographies” said R Ramanan, CEO and MD. “The Company added 26 clients across geographies” he added.
Â
Ramanan also informed that the Company had net addition of 473 employees during the quarter taking the total employee count to 11,224.
Â
 “The Company was able to improve EBITDA margin by over 160 basis points year-on-year through improved business mix and operational efficiencies” said JK Gupta, CFO. “Increased offshore business from SEZ enabled improvement of PAT margin by 200 basis points year on year” he added
Â
Â
