BANGALORE: The Bangalore-based Compudyne Winfosystems Ltd. (CWL), has
achieved a sales turnover of Rs 836.46 lakh for the three months ended June 30,
2001 as against Rs 373.01 lakh in the corresponding period last year,
registering a growth of 124 %.
The net profit for the quarter ended increased to Rs195.62 lakh as against Rs
107.98 lakh for the corresponding previous year registering a growth of 81.16 %.
The EPS for the quarter ended June 30, 2001 stood at 3.12 as compared to 1.72 in
the corresponding period last year.
According to Compudyne’s chairman and managing director S S Dahiya,
"The highlight of the last quarter was the acquisition of Vision Art, the
Santa Monica Studio’s (SMS) arm that produces visual effects for a
consideration of $4 million. This has given our multimedia operations a head
start in the US since this would provide access to a large client base".
"The acquisition will help us achieve at least 70% growth in the current
fiscal with the multimedia division contributing nearly 60% of our revenues as
against the current 40%" said Dahiya.