AGC Networks Q4 2012 PAT up by 212%

AGC Networks, solutions integrator in Unified communications, has 212% growth rate in its Profit After Tax (PAT) this quarter. PAT increased from Rs 7.5 crore in Q4 2011 to Rs. 23.5 crore in this quarter. Its fourth quarter revenue 2011 increases by 56% from Rs 194 crore in Q4 2011 to Rs 303 crore in Q4 2012.

The company said, EBITDA increased by 235% in Q4 2012 with Rs 41.7 crore as against Rs 12.4 crore in Q4 2012.

There is a 69% growth rate in the company's consolidated annual revenue. Its annual revenue rose from Rs 590 crore in FY 2011 to Rs 998 crore in FY 2012.

The company has declared 150% dividend of Rs 15 per share as compared to 45% last year (including dividend of Rs. 5/- per share (50%) on company completing 25 years).

S K Jha, managing director and CEO of AGC Networks said: "We have seen impressive growth in the year and will keep the momentum going through our well defined growth strategy. We are expanding our presence in other geographies of US, ANZ, Philippines, and MEA regions. We have also got all our key technology alliances and solutions aligned to these markets and synchronized with our Ten Cube strategy."