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D-Link Continues to Grow

D-Link Continues to Grow

D-Link has announced the unaudited financial results for third quarter ending 31st December 2011 at its Board meeting held on 02nd February 2012. As per the results, the sales revenue for Q3, 2011-12 was up by 95% at Rs. 6,089.82 Lakhs as against Rs. 3,123.80 Lakhs in Q3 last year. Similarly the sales revenues for Q3, 2011-12 was up by 13% at Rs. 6,089.82 Lakhs from Rs. 5,383.99 Lakhs as compared to the previous quarter of current year. Despite the drastic rupee depreciation against USD, D-Link (India) Limited recorded a Profit after tax (PAT) of Rs. 128.79 Lakhs in Q3, 2011-12

 Commenting on the company performance, Tushar Sighat, CEO-D-Link (India) Limited said, “Since last two quarters we have witnessed steady growth & our current go-to-market strategy has yielded positive outcome. We have successfully been able to realize our true market potential & deliver substantial sales with 95% growth in this quarter vis-à-vis the same period during last year. With increase in broadband penetration & surge in demand for mobility devices, resulted in good growth from consumer segment. Further we witnessed substantial investments being made by government & corporates in building a safe, secure & reliable networking infrastructure, which brought about positive demand for our product line. We also managed to bag some large projects that contributed to the overall revenue. D-Link structured cabling business has also shown positive signs, thereby further adding to the company growth.  ”

Taking about companies future strategies, Tushar Sighat said, “Moving ahead the company will work towards strengthening its position in cabling segment and focus on new technology innovations that will be based on cloud platform, as this trend is inevitable. Hence going forward D-Link’s product line will be powered by modern technologies & will be more application driven. We are also enhancing our focus on IP Surveillance & lifestyle networking, since it is going to be the next growth wave”

D-Link (India) Limited is poised to carry forward this existing growth momentum & scale new heights of success in times to come.

14-Mar-2012 14:35:18