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zenith infotech ltd (ZENITHINFO) Details

Zenith Infotech Limited provides business continuity and cloud computing solutions for information technology service providers worldwide. The company offers TigerCloud, a solution that provides a converged infrastructure for virtual environments, which enables service providers to deliver virtual desktops and servers, iSCSI storage, backup and recovery services, and development and testing environments. It also provides DRaaS, a backup and disaster recovery solution that offers backup and retention, offsite replication, recovery, administration, reporting, and testing functionalities. The company was founded in 1996 and is based in Navi Mumbai, India.

Founded in 1996

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zenith infotech ltd (ZENITHINFO) Key Developments

Zenith Infotech Ltd. Announces Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014

Zenith Infotech Ltd. announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, on the standalone basis, net sales/income from operation was INR 112.430 million against INR 216.068 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 123.464 million against INR 191.578 million a year ago. Loss form ordinary activities before tax were INR 120.322 million against INR 190.123 million a year ago. Loss from ordinary activities for the period was INR 120.322 million or INR 9.49 per basic and diluted share against INR 190.123 million or INR 14.99 per basic and diluted share a year ago. For the nine months, on the standalone basis, net sales/income from operation was INR 478.042 million against INR 656.147 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 441.533 million against INR 596.647 million a year ago. Loss form ordinary activities before tax were INR 418.159 million against INR 774.421 million a year ago. Loss from ordinary activities for the period was INR 418.159 million or INR 32.97 per basic and diluted share against INR 774.421 million or INR 61.07 per basic and diluted share a year ago. For the quarter, on the consolidated basis, net sales/income from operation was INR 301.667 million against INR 376.516 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 193.790 million against INR 212.165 million a year ago. Loss form ordinary activities before tax were INR 189.938 million against INR 216.002 million a year ago. Loss from ordinary activities for the period was INR 189.945 million or INR 14.98 per basic and diluted share against INR 216.002 million or INR 17.03 per basic and diluted share a year ago. For the nine months, on the consolidated basis, net sales/income from operation was INR 1,041.061 million against INR 1,110.273 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 658.926 million against INR 735.379 million a year ago. Loss form ordinary activities before tax were INR 636.121 million against INR 918.114 million a year ago. Loss from ordinary activities for the period was INR 637.264 million or INR 50.25 per basic and diluted share against INR 918.114 million or INR 72.40 per basic and diluted share a year ago.

Zenith Infotech Ltd., Board Meeting, Aug 09, 2014

Zenith Infotech Ltd., Board Meeting, Aug 09, 2014. Agenda: To consider unaudited standalone and consolidated earnings results for the third quarter and nine months ended June 30, 2014.

Zenith Infotech Limited Announces the Resignation of V. G. Chari Has Resigned as the Secretary

Zenith Infotech Limited announced that Dr. V. G. Chari has resigned as the Secretary of the company with effect from June 19, 2014, due to his health problems and his other personal reasons.

 

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