BSE listed Geodesic Information Systems has reported revenues of $30.19 million (around Rs. 129.65 crores) for the quarter ended June 30th 2008, up 22 percent quarter on quarter, and 112 percent year-on-year. Note that Geodesic has a majority stake in children's magazine Chandamama, and provides mobile and desktop solutions for instant messaging, Internet Radio and mobile VoIP. The company's net profit increased to $13.61 million (Rs. 58.45 Crores), up 18 percent from the last quarter, and 103 percent year-on-year. The company believes that the growth is sustainable, since their platform can be customised, and deals signed now will bear fruit in the coming year. Geodesic is also looking to open an office in Spain. View the results - Consolidated | Standalone | Release Standalone results cover only Geodesic Information Systems, while consolidated results include earnings from Chandamama, PicoPeta Simputers, Engage…
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