Helios and Matheson Information Technology has reported its consolidated financial results for the fourth quarter and the year ended September 30, 2013.
We have completed yet another year of good performance. The relentless execution of our strategy to focus on large clients and the BFSI sector has delivered strong revenue growth over the last two years. For a second year in a row, BFSI vertical grew over 50% year on year. Business on hand suggests that this tempo will be sustained through the next year, said G. K. Muralikrishna, Chief Executive Officer & Managing Director, Helios and Matheson Information Technology Limited.
The highlights of the results report that the company has achieved revenue at INR1,927.5 million which went up by 51.2% Y-o-Y; 13.2% Q-o-Q. The net profit was INR146.7 million, up by 57.4% Y-o-Y; 12.6% Q-o-Q.
The highlights of FY 2012-13 performance include, revenue at INR6,581.3 million which is up 43% and net profit at INR498.8 million, up 69.6%.
Earnings per share for the fourth quarter (annualized) at Rs.22.2 and Rs.18.9 for the year.
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