wordpress blog stats
Connect with us

Hi, what are you looking for?

Geodesic Q3-FY12: Profits Down 24.83% At Rs 65.75 Crore

Geodesic, the digital messaging and content solutions company, has reported consolidated net sales of Rs 238.6 crore for the quarter ended December 31st 2011 (Q3-FY12), up by 6.27% from Rs 224.53 crore reported during the same quarter last fiscal (Q3-FY11). The net profit for the period was Rs 65.75 crore, a sharp decline of 24.83% from Rs 87.47 crore profit during the same quarter last fiscal (Q3-FY11).

Download: Press ReleaseFinancials

Product Updates:

Enlyte Note: Geodesic launched Enlyte Note ‐ an iPad notepad app which allows you to store photos, drawings, jottings and typed text.

Mundu TV: Mundu TV had more than 5 Million downloads on the Nokia Store (previously Ovi Store) in 11 months and has added 15 new TV channels in this quarter. Marathi movie “Jana Gana Mana” was released on Mundu TV and filmorbit.com along with its theatrical release.

Advertisement. Scroll to continue reading.

Software and Solution Agreements:

– Agreements with Motorola Mobility, Longcheer- Telecom, CK Telecom Limited and Huawei to preload Mundu products on handhelds/ tablets.

– Agreements with telecom operators Airtel, Loop Mobile to launch Mundu products / Spokn VMS/ Microsoft Windows live client.

– Omnesys has integrated Mundu TV into its NEST trader terminal to provide live market updates and news.

– Signed a Memorandum of Understanding with NextVIEW to offer financial services and solutions on a revenue share basis, expanding new market opportunities in the Far East region.

– Signed a Memorandum of Understanding to implement Geodesic’s financial services and solutions on a revenue share basis with Heckyl, a Mumbai based financial portal.

Advertisement. Scroll to continue reading.

– Geodesic’s subsidiary, Interactive Network Inc, has signed a worldwide reseller agreement with Microsoft to deploy Windows Live Mobile services with Mobile Network Operators, OEM’s & ODM’s worldwide.


– UIDAI has deployed GeoAmida devices in a pilot project for AEPS based NREGA payment disbursement system in Jharkhand.

– Geodesic has signed an agreement with an e‐governance solutions company Virgosoft to supply GeoAmida hand held devices for biometric‐based exam attendance management system.

– Geodesic’s Geoamida handheld devices are being implemented and utilized by business correspondents for financial inclusion program in Rajasthan in coordination with State Bank of Bikaner and Jaipur.

– How Geodesic Ltd Makes Money; Mundu TV ARPU, Anti-Piracy Plans
– Geodesic To Launch Education Device

Advertisement. Scroll to continue reading.

Written By

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.



Find out how people’s health data is understood to have value and who can benefit from that value.


The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.


When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.


The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.


In this excerpt from the book, the authors focus on personal data and autocracies. One in particular – Russia.  Autocracies always prioritize information control...

You May Also Like


Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...


135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...


Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...


By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Your email address:*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ