Group items tagged

Geometric partners with Ace Manufacturing Systems Ltd for supporting CAMWorks on its CNC Vertical and Horizontal Machines. As a result AMS will promote CAMWorks in turn Geometric will, provide AMS the required CAMWorks knowledge will help CAMWorks broaden its scope in Asia and India, in particular.

Highlights for quarter ended September 30, 2010 18.5% Y-o-Y growth in revenues in Rupee terms PAT increases to Rs 138.18 Mn from Rs. 105.85 in Q1FY11, and from Rs 102.36 in Q2FY10; a rise of 30.5% and 35% respectively Operating profit more than doubles from Rs 55.02 Mn last quarter to Rs 139.83 Mn Added nine new customers this quarter New business of USD 8.33 Mn An EPS of Rs. 2.22

Geometric appoints Parth Gandhi as a Non-Executive Director on the Board effective October 22, 2010, during the company's board meeting held today. Mr. Gandhi said, "Geometric is a company with a strong product realization solutions and services portfolio

DELMIA India is planned to be merged within 3DPLM. The transaction is expected to be EPS neutral for Geometric in the first year. DELMIA India would be operated as a separate subsidiary of 3DPLM for the next two years.