Management

Zylog Systems Q2 net dips 21%

Chennai-based software company Zylog Systems posted a 21 per cent dip in its net profit for the second quarter ended Septmeber 30, 2009 to Rs 20.91 crore as against Rs 26.48 crore in the same quarter last year. - Zylog launches VoIP services in Gujarat - Zylog to invest Rs 210 cr on Wi-Fi; aims Rs 550 cr revenue - Zylog plans Rs 500 cr infra spend, eyes Singapore firm - Microsoft keen to partner Unique ID project: Bill Gates - Zylog Systems ties up with Aptilo Networks for back-end services - Zylog lines up Rs 200cr The net income of the company for the quarter rose to Rs 190.95 crore as compared with Rs 180.05 crore in the year-ago period. The total expenditure for the quarter also rose to Rs 162.71 crore as compared to Rs 153.79 crore in the year-ago period.

Social Media Optimization Singapore commented:

Such dip result does dnot mean that they ate really in much loss or affected much by it.Such up and down things is a normal course of market. It will be corrected soon I think.

07.02.2012


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