Geodesic's net profit up by 4.78%

Geodesic's net profit up by 4.78%

India's leading Internet software and services provider Geodesic Limited has announced its fourth quarter financial results for the fiscal year 2009-10 and it has reported to post a marginal hike in its net profit and revenue.

Geodesic Limited has posted a net profit of Rs 69.44 crore for the quarter that ended in 31st March, 2010. The consolidated net profit of the firm has gone up to 4.78% against the same quarter in the preceding year.

With the recovery of the market and the economic conditions, the Indian software industry is now getting some momentum back.

Geodesic Teams Up With ‘Idea’ To Launch First Mobile Net Radio Service

Geodesic Information Systems Ltd has joined hands with Idea Cellular, a leading GSM mobile service operator in India, to launch the first true Mobile Internet radio service called "Idea Radio".

IDEA Radio is built on Geodesic's award-winning Mundu Radio technology. This amazing technology will enable the customers to seamlessly tune into a range of exciting entertainment channels, 24 hours a day, without the need to carry a separate device, or to be within the limited range of FM radio stations.