Vous êtes sur la page 1sur 11

Media Release

For immediate release

Geometric Limited
Regd. office: Plant No.11, 3rd Floor,
Pirojshanagar, Vikhroli (West),
Mumbai 400 079
Tel + 91.22.67056500
Fax + 91.22.67056891

Geometric EPS rises 46 % Y-o-Y to INR 4.24, Revenues up 6.9%

in INR Terms
MUMBAI, India. Aug 09, 2016: Geometric Ltd. (BSE: 532312, NSE: GEOMETRIC) announced its first
quarter financial results for FY 2016-2017 at the board meeting held today.
Highlights for the quarter ended June 30, 2016 (Q1 FY17) Indian GAAP

Consolidated operating revenues in USD terms rose 6.6% q-o-q and 6.0% y-o-y to USD 49.61 Mn
compared to USD 46.55 Mn in Q4FY16 and USD 46.80 Mn in Q1FY 16
Consolidated net profit after tax at INR 286.85 Mn for the quarter, as against INR 342.54 Mn for
the previous quarter and INR 191.27 Mn for the same quarter last year
Salary Revisions implemented as of April 1, 2016
Signed new deals worth USD 15.48 Mn
Improvement in retention, with annualized attrition for the quarter at 11.6%
Consolidated EPS for the quarter at INR 4.40

Under Indian GAAP, the Company declared operating revenues of INR 3,328.81 Mn for the quarter, a
growth of 11.9% when compared to revenues of INR 2,975.55 Mn in the corresponding quarter last year
and a growth of 6.5% when compared to revenues of INR 3,127.04 Mn in the previous quarter.
Companys margin grew from 13.98% in Q1FY16 to 18.6% in Q1FY17 Y-o-Y.
The Company henceforth will report its results under IND AS. The operating revenue of INR 2,360.31 Mn
for the quarter represents a growth of 6.9% when compared to revenues of INR 2208.63 Mn in the
corresponding quarter last year. It stood at INR 2311.83 Mn in previous quarter viz. Q4 FY16. Companys
margin grew from 6.4% in Q1FY16 to 12.0% in Q1FY17 Y-o-Y. Under IND AS, the Company does not
consolidate the revenues and expenses of its subsidiary 3DPLM Software.
Mr. Manu Parpia, Managing Director & CEO said, As can be seen when comparing our results with
Q1FY16, we have been able to retain the efficiencies we derived over the last 12 months. While we see
some slowdown in one of our large customers, we believe we have sufficient momentum in our other
units to more than compensate.
The company had total employee strength of over 4,770 employees as of June 30, 2016, including its

Key wins and additional business highlights for Q1 FY17

The Company signed new deals worth INR 15.48 Mn. Some of the significant wins in this quarter include:

Selected by a Leading Telecom OEM in North America for their Digital Manufacturing initiative
which will leverage Geometrics' Technology solutions
Won a PLM Project with a leading Aircraft Engineer manufacturer in North America
Awarded a Manufacturing Engineering Project on Packaging program management from an
Automotive OEM in North America
Awarded an Engineering Services project by a leading off highway OEM in North America
Won a PLM Project with a leading Automotive OEM in Europe
Won a PLM Project with a leading Automotive manufacturer in North America

Other important business highlights for the quarter include:

Enhanced CAMWorks 2016 with Tolerance Based Machining capabilities and support for
SolidWorks MBD

About Geometric:

Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of
Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions,
and Digital Technology solutions enables companies to formulate, implement, and execute global
engineering and manufacturing strategies aimed at achieving greater efficiencies in the product
realization lifecycle.
Listed on the Bombay and National stock exchanges in India, the company recorded consolidated
revenues (under Indian GAAP) of Rupees 12.33 billion (US Dollars 188.49 million) for the year ended
March 2016. It employs over 4700 people across 14 global delivery locations in the US, France, Germany,
Romania, India, and China. Geometric has been assessed at Maturity Level 3 for CMMI 1.3-Development
and CMMI 1.3-Services for its Software and Engineering Services business units and is ISO 9001:2008
certified for engineering operations. The companys operations are also ISO 27001:2005 certified.

For more information, please contact:

Uttam Gujrati