D-Link revenue up 74%, profit increases 106% in FY 2011-12

Telecom Lead India: D-Link, a networking solutions
provider for consumers and enterprises, has posted 74 percent increase in
revenue to Rs 221.96 crore in FY 2011-12 against Rs 127.35 crore in the
previous fiscal.

 

The net profit for FY 2011-12 was up 106 percent at Rs
7.04 crore against 3.42 crore previous fiscal.

 

D-Link’s revenue for Q4, 2011-12 increased 151 percent to
Rs 71.45 crore against Rs 28.46 crore in fourth quarter of fiscal 2010-11.

 

Net profit during Q4 was Rs 2.99 crore against 7.90 lakh
in Q4 previous year.

 

We are extremely delighted with the unprecedented growth
in the fourth quarter and the financial year” said Tushar Sighat, chief
executive officer, D-Link.

 

We have delivered strong financials this year and have
successfully demonstrated continued growth over consecutive quarters. We have
witnessed steady growth in revenues and profits. Our growth is largely
attributed to strong network of partners and their trust we enjoy. Their
contribution in each aspect of business has propelled revenues and helped gain
market share,” Sighat added.

 

The year 2012 marks the dawning of D-Link’s Cloud Era.
D-Link Cloud, latest product line developed to emphasize its commitment to the
cloud space. D-Link Cloud products integrate with the mydlink platform,
offering users fast and easy access to the most valuable functions of their
devices.

 

D-Link (India) is poised to carry forward this existing
growth momentum and scale new heights of success in times to come.

 

editor@telecomlead.com

 

 

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