Datamatics Global Services FY14 Consolidated Net Sales Up 33.4% YoY at Rs. 733.81 Crore EBIDTA Up by 71.99%

Mumbai, India, June 07, 2014 --(PR.com)-- Datamatics Global Services (DGSL), the global Information Technology (IT) and Business Process Outsourcing (BPO) organization partnering several fortune 500 companies globally for delivering next-generation business solutions today announced the financial results for the third quarter ended as on March 31, 2014.

12 Months FY14 Performance – Consolidated basis (YoY)

The Company’s revenues increased by 33.4% to Rs. 733.81 crore as compared to Rs. 550 crore in 12 months FY13
EBIDTA increased by 71.99% to Rs. 97.63 crore as compared to Rs. 56.76 crore in 12 months FY13
EBIDTA margin improved by 300 bps to 13.3% as compared to 10.3% in 12 months FY13
Net profit after minority interest also improved by 81.6 % at Rs. 48.7 crore as compared to Rs. 26.82 crore during 12 months FY13
Earnings per share stood at Rs. 8.26 during 12 months FY14 as compared to Rs. 4.55 during 12 months FY13

Q4FY14 Performance – Consolidated basis (YoY)

The Company’s revenues Increased by 43.1% to Rs. 214.14 crore as compared to Rs. 149.67 crore during Q4FY13
EBIDTA increased by 100.53% to Rs. 28.05 crore as compared to Rs. 13.99 crore in Q4FY13
EBIDTA margin increased by 380 bps to 13.1% as compared to 9.3% in Q4FY13
Net profit after minority interest increased by 155% at Rs. 10.14 crore as compared to Rs. 3.98 crore during Q4FY13
Earnings per share stood at Rs. 1.72 during Q4FY14 as compared to Rs. 0.67 during Q4FY13

Q4FY14 Performance – Consolidated basis (QoQ)

The Company’s revenues Increased by 5.6% to Rs. 214.14 crore as compared to Rs. 202.84 crore during Q3FY14
EBIDTA increased by 10.78% to Rs. 28.05 crore as compared to Rs. 25.32 crore in Q3FY14
EBIDTA margin increased by 60 bps to 13.1% as compared to 12.5% in Q3FY14
Net profit after minority interest decreased by 28.5% at Rs. 10.14 crore as compared to Rs. 14.18 crore during Q3FY14
Earnings per share stood at Rs. 1.72 during Q4FY14 as compared to Rs. 2.41 during Q3FY14

Announcing the results Rahul Kanodia, Vice Chairman and CEO, Datamatics Global Services Ltd. Said, “Based on the last 3 years consolidated revenue, Datamatics has become the 2nd fastest growing IT & BPO Company listed on BSE. We are delighted with the sequential growth trend in our revenues. Our focus on aligning our key offerings with the growth drivers in the market has greatly contributed to this growth.”

About Datamatics Global Services
Datamatics, a trusted partner to several Fortune 500 Companies is a global provider of Information Technology (IT) and Business Process Outsourcing (BPO) and Consulting services. The company provides business aligned next generation solutions to a wide range of industry verticals that help enterprises across the world overcome their business challenges and achieve operational efficiencies. These solutions leverage innovations in technology, knowledge of business processes, and domain expertise to provide clients a competitive edge. Datamatics’ award winning solutions have been helping its clients achieve maximized productivity, enhanced efficiency in business process and shorter turn-around-time.

Datamatics’ offerings span across varied business processes that transcend Enterprise Document Management, & Enterprise Content Management Solutions, Collaboration & Portal Solutions, Managed Services, BI & Analytics and Mobility space.