Omnitech InfoSolutions total revenue for Q3 FY10-11 is Rs81.27 crore compared to Rs57.78 crore for the corresponding period last year
Omnitech InfoSolutions Ltd, India's business continuity solutions provider, said that its profit after tax for the third quarter ended 31 December 2010 stood at Rs14.45 crore compared to Rs10.20 crore in the corresponding quarter last year.
The company's total revenue for Q3 FY10-11 is Rs81.27 crore compared to Rs57.78 crore for the corresponding period last year. The earnings per share (EPS) works out to Rs10.42 for the third quarter ended December 2010, compared to Rs7.76 for the quarter ended December 2009.
On a consolidated basis, the company has delivered revenues of Rs87.99 crore and profit after tax of Rs15.09 crore.
On Friday, Omnitech ended 2.29% down at Rs159.65 on the Bombay Stock Exchange, while the benchmark Sensex declined 2.39% to 18,008.15 points.
DQ Entertainment signs pact with ZDF Enterprises worth euro 9 million
DQ Entertainment (International) Ltd said that it has signed co-production agreement with ZDF Enterprises of Germany for a second season of the 3D HD animated series, Jungle Book, 52 episodes of 11 minutes each. The budget for the production is euro 9 million.
ZDF Enterprises, with German pubcaster ZDF, has taken the lead as chief production partner of the second season. It will distribute the new adventures of Mowgli and his friends in more than 60 countries in Europe and Latin America.
The first season has been an unqualified success and has been picked up by a number of marquee networks covering over 160 countries worldwide. It will also be aired on multiple Disney channels around the globe.
It's expected that the second season will further boost the merchandising and licensing of the property, which already has many deals agreed for toys, apparel, board games, outdoor action games, beach toys and food items.
On Friday, DQ Entertainment ended 1.93% down at Rs81.40 on the Bombay Stock Exchange, while the benchmark Sensex declined 2.39% to 18,008.15 points.
Hughes Communications India signs contracts with United Bank of India and UCO Bank
Hughes Communications India Ltd, a provider of broadband satellite and managed network services, said it has signed two contracts to provide service to regional rural banks.
The first contract award is from United Bank of India valued at Rs8 crore, under which Hughes will provide broadband services connecting 1,095 regional rural bank locations. The second contract, valued at Rs7.5 crore, was awarded by the UCO Bank to deploy a network of 808 satellite terminals for regional rural bank connectivity.
The UCO bank agreement is signed for seven years and the United Bank of India agreement will span for five years.