Geodesic has reported results for first quarter ended June 30, 2012.
The company has reported a fall of 78.36% in its net profit at Rs 11.63 crore for the quarter under review as compared to a net profit of Rs 53.74 crore for the same quarter in the previous year. The total income from operation of the company has decreased by 17.29% at Rs 154.46 crore for Q1FY13 as compared Rs 186.74 crore for the corresponding quarter previous year.
Geodesic is an innovator of software products focused in the areas of Content Management, Unified Communication, CRM and Collaboration Solutions for the enterprise and the retail segments. Geodesic products include Mundu Radio, Mundu TV, Mundu IM & SMS, BBeep, Spokn, Continuum and Spyder.