D-Link (India) Limited announced its financial results for Quarter ending 31st December 2014 at the recently held board meeting. D-Link India has again exhibited remarkable success with extraordinary growth rate & brand positioning.
Third Quarter (Q3, FY 2014-15) Results – key highlights
• With a growth rate of 34.43% the net sales for Q3, 2014-15 was at Rs. 16,040.87 Lakhs as against Rs. 11,932.21 Lakhs during Q3, 2013-14
• Similarly the Net profit during Q3, 2014-15 grew by 41.24% at Rs. 523.86 Lakhs while Q3, 2013-14 stood at Rs. 370.90 Lakhs.
• Net Sales during Q3, 2014-15 jumped high by 7% at Rs. 16,040.87 Lakhs in comparison to Rs. 15,006.89 Lakhs recorded in the previous quarter (Q2, 2014-15)
• The Profit after tax (PAT) for Q3, 2014-15 was up by 6% at Rs 523.86 Lakhs vis-a-vis Rs. 495.09 Lakhs in Q2, 2014-15
• The Net Sales for year ending 31st December 2014 stood at Rs. 45,119.07 Lakhs with 21.66% YoY growth vis-a-vis Rs. 35,345.50 Lakhs
• YoY Profit After Tax (PAT) for the same period was up by 35.20% at Rs. 1602.10 Lakhs vis-a-vis Rs. 1038.21 Lakhs
Commenting on the astounding results for FY 2014-15 Mr. Tushar Sighat, CEO – D-Link (India) Limited said, “Our success in recent times has been a collaborative effort of extensive business strategy, impeccable execution, and solid team work along with relentless support extended by our partners. QoQ we have managed to exhibit outstanding performance with our Net Sales growing steadily & reaching new pinnacles of success”
“The digital wave in the country is highly encouraging, as it has provided the much required impetus for technology proliferation amongst masses. Today broadband penetration in India has extended even to smaller towns & cities, thereby generating huge demand for networking equipment’s. D-Link continues to be a front-runner in enabling better wireless connectivity with its innovative & future ready solutions. At D-Link we are already geared up for new age tech revolution & will soon be bringing out our new range based on Internet of Things (IoT) for the Indian customer”, Mr. Sighat further added.
D-Link (India) Limited is poised to carry forward this existing growth momentum & scale new heights of success in times to come.