The company's total revenues for the second quarter of FY 2010-11 were up by 67 per cent at Rs. 77.3 crore, compared to the revenue of Rs. 46 crore in the year-ago quarter. In the first quarter the revenue stood at Rs. 49 crore.

The earnings per share (EPS) for the period under consideration jumped 53 per cent to Rs. 4.6 compared with Rs. 3 in previous year period, the company said in a statement.

Announcing the results, Jasjit Sawhney, chairman and managing director, Net4 India Ltd, commented, “Our record numbers are a direct result of a consistent and robust sales pipeline, high quality services and controlled costs. Brand building activities undertaken over the past 2 quarters are clearly adding momentum to customer acquisition.

Meanwhile, Desi Valli, COO and ED, Net4 India, said in India, there is immense potential for Virtual Private Server, an offering by the company.

“Many a technologies were adapted in India faster than its international counterparts as these technologies become the initial step for many customers,” he said.