Enterprise Communications solution provider, Avaya GlobalConnect managed to record a profit after tax (PAT) for the first quarter ended December 31, 2009 at Rs.10.54 crore as compared to net loss of Rs 0.01 crore posted last year during corresponding quarter.
Revenues during the quarter were at Rs 137.65 crore.
Avaya attributed the growth to a performance driven internal value-system and said that it sees its employees as the key growth driver in 2010.
According to Anil Nair, Managing Director, Avaya GlobalConnect, “We are happy to report impressive results in the first quarter of our current financial year. AGC as a company has successfully re-oriented its business strategy in line with changing market dynamics. I attribute this success to our internal teams who have helped us successfully co-create unique business value with customers. We are fortunate to have a team of people who have the passion, intensity, dedication and belief to ride against the tide and create a performance culture that surpasses expectations.”
“We recently hosted our internal award ceremony christened ‘The Superstar Conclave’ to felicitate our top achievers. Going forward too, employee motivation will be a key growth driver for AGC. To achieve the highest levels of customer care, we are actively investing in the competency development, professional guidance and viable, long-term growth plans of our people,” he added. |