Avaya GlobalConnect reports first quarter results

Net profit stands at Rs. 6.86 Crores for quarter ended 31st December 2007

Avaya GlobalConnect Ltd., one of India’s leading Intelligent Communications solutions provider, has announced its quarter results for quarter ended 31st December 2007. The company has recorded Gross Sales/Income of Rs. 139.38 Cr and a net profit of Rs.6.86 Cr as compared to the Gross Sales/Income of Rs. 140.38 Cr and a net profit of Rs.9.91 Cr, in corresponding previous period. The profit before tax (PBT) reported for quarter ended Dec-07 stands at Rs 11.01 Cr as compared to the profit before tax (PBT) of Rs 14.40 Cr for the corresponding previous period.

The Company has recorded Consolidated Gross Sales/Income of Rs. 158.39 Cr and Consolidated net profit of Rs. 6.86 Cr for quarter ended Dec-07. The Consolidated profit before tax (PBT) stands at Rs. 11.01 Cr.

Major Highlights: Quarter ended on 31st December, 2007

- The company has recorded Gross Sales/Income of Rs.158.39 Cr. and a net profit of Rs. 6.86 Cr.

- The profit before tax (PBT) reported for this quarter stands at Rs. 11.01 Cr and the net profit for the same period is Rs. 6.86 Cr.

Commenting on the Company’s results, Niru Mehta, Vice Chairman & Managing Director, Avaya GlobalConnect said “As per market trends available, the company sees immense demand for Unified Communications, Contact centre and IP telephony solutions and we hope to tap the market demand and see better results. Intelligent Communication solutions continue to remain our focus area. With the growing market needs, Avaya GlobalConnect has continued to Innovate. We have forayed into vertical solutions and have seen a very positive response. The increasing verticalisation will supplement our growth prospects.”

Avaya GlobalConnect believes in delivering customer satisfaction and reiterating this belief it has completed a year for its state-of-the-art Customer Studio in Mumbai that provides its user an opportunity to experience the power of personalized intelligent communication. For the advantage of its customers, Avaya Customer Studio facilitates demonstrations of various solutions including the vertical solutions.

About Avaya GlobalConnect

Avaya GlobalConnect is one of India’s leading Intelligent Communication Solutions provider. Its offerings range from converged voice, data and video networks to contact center solutions to unified messaging solutions, and customer services in order to provide best-in-class converged communications products and solutions. For more information about Avaya GlobalConnect, visit its Web site at www.avayaglobalconnect.com