Net4 India announces Q3-FY12 results Net profit up 48 %, Revenues up 48 %



New Delhi, 15th February, 2012: Ltd, a leading Data Centre, Cloud Hosting and Network Services Provider, today announced the consolidated financial results for the 3rd quarter ended December 31st, 2011. The second quarter numbers have seen a big jump, with consolidated PAT for Q3 increasing to Rs. 9.57 cr from Rs. 6.46 cr, an increase of 48.14 % YoY. Consolidated Revenues for the quarter increased by 48.37 % on a YoY basis, from Rs. 85.54 cr in Q3 FY10/11 to Rs. 126.92 cr in the quarter ended 31st December 2011.

Commenting on the performance, Mr. Jasjit Sawhney, CMD, Net4 India said, “There has been consistent growth across most of service areas. Our web services business has witnessed significant increase in volumes, driven by aggressive marketing campaigns and highly competitive service bundles. On Data Centre & Cloud services we saw a notable increase in the order size, on account of a greater Managed Services mix. During the last quarter we have added 45,000 new customers and our overall sales pipeline remains robust.”

About Net4 India

Net4 is India’s leading Data Centre, Cloud Hosting and Network Services Provider. It is a NSE & BSE listed business enterprise with consolidated revenues to the tune of Rs. 304 Crores (2010-11). Net4 focuses on providing services to businesses (small, medium and large) and its offerings include Data Centre & Cloud Solutions Enterprise Internet Services, VoIP Solutions, Enterprise Messaging & Hosting Solutions and Domain name registration.

Headquartered in Noida, Net4 has a PAN India presence with offices in 11 major business cities & an ever-growing clientele which includes 850 Corporate Data Center Customers, 800 Internet Leased line customers, 2800 Business VoIP customers, 88,000 hosted websites, 1.2 million business e-mail accounts & over 325,000 registered domain names. Net4 is amongst the largest provider of hosted email, web hosting and domain name registration (www.net4.in) in the Asia-Pacific region.

The company’s client base includes the likes of CNBC TV18, Essar, Godrej, Hutch, ITC, L&T, Lufthansa, NIIT, ONGC, Proctor & Gamble, Reliance, Sahara, SBI, Siemens, and TCS.

Net4 operates seven (7) state-of-the-art Internet Data Centers (IDCs) and 15 Network Points of Presence across the country, providing the highest possible levels of availability, scalability and security. This infrastructure is connected to an STM-16+ Internet Backbone across multiple undersea cables and to NIXI via STM1 interconnects in multiple cities. Net4 also manages a VoIP/ SIP infrastructure with a capacity of 100 million minutes per month hosted out of India, US & Singapore.

Net4 has the distinction of being the first Internet services company in the World to be IS0 27001 certified, for Information Security standards adopted at its Data Centers. It is also ISO 9001:2000 certified, a Microsoft Gold Partner and an & .IN accredited Domain Name Registrar.

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For Further Details, Please Contact:
Aradhana Mozumdar
+91 9999106400
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