From correspondents in Delhi, India, 11:12 PM IST

FCS Software Solutions Ltd., a premier IT services provider, has posted excellent results for the year ending March 31, 2008. FCS’ PAT climbed 40 % YoY to Rs 3241.04 lacs from Rs 2308.97 lacs. The company’s Net Sales for FY08 stands at Rs 20418.42 lacs, a hop of 32 % as against Rs 15434.95 lacs last year. The fully diluted Earnings Per Share (EPS) for the year ending March 31, 2008 stands at Rs 22.47, up from Rs 16.18 last year.

The company posted PAT of Rs 807.51 lacs for the quarter ended March 31, 2008, a hop of 17 % over Rs 689.59 lacs for the same quarter last fiscal. Net Sales during the same period rose to Rs 5329.84 lacs, up from Rs 4228.61 lacs in the last fiscal.

Announcing the results, Mr. Dalip Kumar, Chairman and Managing Director of FCS said, “We are quite pleased with our present turnover and going forward, we hope to maintain the growth pitch. Our existing clients are entrusting us to develop Centers of Excellence (COE) and we are moving towards our goal of becoming one stop partners for all their IT needs”

Source: Press Release Distribution via India PRwire