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Zylog Systems’ Q2 net declines 55%

16 Nov 2012 Evaluate

Zylog Systems has reported results for second quarter ended September 30, 2012.

The company has reported 54.94% fall in its net profit at Rs 19.49 crore for the quarter ended September 30, 2012 as compared to Rs 43.25 crore for the same quarter in the previous year. However, total income of the company has increased by 41.85% at Rs 368.24 crore for quarter under review as compared to Rs 259.60 crore for the quarter ended September 30, 2011.

Zylog Systems is an ISO 9001 certified provider of Onshore, Offshore and near shore technology solutions and services to enterprises and technology companies across the globe. It provides complete Product Lifecycle Management services, ranging from new product development and product advancement to product migration, re-engineering, sustenance and support. By leveraging their experience in product engineering, they bring products to market faster, with high quality and reduced costs.

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