At the current market price of Rs 199.40, Geodesic Information Systems trades at 20.18 times its Q1 June 2006 annualized EPS of Rs 9.88.
Geodesic Information Systems has posted a net profit growth of 138.26% for Q2 September 2006 to Rs 23.35 crore, compared to Rs 9.80 crore for Q2 September 2005. Total income increased to Rs 39.91 crore from Rs 21.73 crore.
In June, Geodesic Information Systems announced the availability of the beta version of its product, Munduspeak, on the company's website.
Geodesic Information Systems provides customised software solutions. It has also developed solutions like ticker and interoperable messenger. The company signed a contract with a Japanese publisher for the use of its instant messaging suite of products earlier during the quarter.
Geodesic Information Systems had registered a net profit growth of 89.30% to Rs 14.50 crore (Rs 7.66 crore). Net sales rose 99.10% to Rs 33.35 crore (Rs 16.75 crore).