BWI: Avaya GlobalConnect Reports Third Quarter Results

Press release from Business Wire India
Source: Avaya GlobalConnect
Monday, July 20, 2009 03:00 PM IST (09:30 AM GMT)
Editors: General: Consumer interest, Economy; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology
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Avaya GlobalConnect Reports Third Quarter Results
Net Profit Stands at Rs. 5.11 Crores for Quarter Ended 30th June 2009

New Delhi, Delhi, India, Monday, July 20, 2009 -- (Business Wire India) -- Avaya GlobalConnect, one of India's leading solution integrators for enterprise communication solutions, announced its quarter results for the quarter ended 30th June 2009.

The company has recorded Total Income of Rs. 121.53 crores in the India market and Net Profit of Rs. 5.11 crores for the quarter ended June-09. The profit before tax (PBT) stands at Rs. 8.48 Cr. The profit from ordinary activities before tax stands at Rs. 8.18 crores.

Major Highlights: Quarter ended on 30th June, 2009

- The company has recorded a net profit of Rs. 5.11 Cr. In the comparable period a year ago, it reported net profit at Rs. 0.96 Cr.

Commenting on the Company's results, Anil Nair, Managing Director, Avaya GlobalConnect said, "Our customers have realized business benefits while increasing their productivity and customer responsiveness. Our results are proof of this actually happening on the ground. We will reinforce our commitment to domestic market expansion and strong verticalization to help our customers further accelerate their business growth."

Customer responsiveness is synonymous with Avaya GlobalConnect. The company believes in being customer responsive while delivering value and customer satisfaction with its converged end-to-end communication solutions to enterprise customers. Avaya GlobalConnect is a market leader in IP telephony and Contact Centers. The Company's offerings now reach out to a variety of verticals.

About Avaya GlobalConnect

Avaya GlobalConnect is India's leading provider of Intelligent Communications (IC) solutions, systems and services focused on meeting the needs of large and mid-sized enterprises, representing different industry verticals. Its solutions help organizations accelerate revenue growth, increase market penetration, optimize operating costs and improve employee productivity, by embedding communication in their business processes. For more information about Avaya GlobalConnect, visit its Web site at www.avayaglobalconnect.com.


CONTACT DETAILS
Chhavi Leekha Sharma, Avaya GlobalConnect, +91 (124) 4093330, chhavi.sharma@avayaglobalconnect.com
Mitali Darbari, 20:20 MEDIA, +91 (120) 4642020, mitali@2020india.com

KEYWORDS
CONSUMER, ECONOMY, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY, AVAYAGCL.NS

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