D-Link records 83% growth

D-Link has witnessed 83% growth in its sales revenue and 77% increase in net profit for H1, 2012, according to the unaudited financial results for quarter and half year ended September 30, 2012.

D-Link India net sales for H12012 stood at Rs 163.74 crore as against Rs 89.59 crore during the same period in FY12. Further, the net sales for Q2, 2012 grew by 14% at Rs 87.09 crore from Rs 76. 64 crore in Q1, 2012. Similarly, the company recorded 61% growth in its sales revenue for Q2, FY13 in comparison to Q2, FY12.

"We have observed steady growth since a year and half, and this is very clearly evident from our results. Our innovative cloud enabled products along with lifestyle devices helped us create a good pull from home consumers. Our end-to-end enterprise offerings have been widely appreciated by SMB/SMEs and large enterprises across the country. Our distributors and channel partners have also contributed significantly in this incredible growth. Moving forward, we shall also look at penetrating deeper into smaller towns and cities through our distribution network," said Tushar Sighat, CEO, D-Link.

Talking about the outcome of new initiatives in large enterprise segment, Sighat said, "Large enterprise segment will be one of our key focus areas this year. We have been actively working with our SIs across the country and have strengthened our position in this space. In fact, our enhanced focus on large enterprise has also contributed to the steady growth in sales revenue. We have already introduced cost-effective and hassle-free infrastructure networking solution for enterprises."