ICSA’s sales from operations up by 10.25%

ICSA (India) Ltd, (BSE: 531524), is pleased to announce its consolidated audited financial results for the period ended March 31, 2010.

The dividend declared for the FY 10 stands at Rs 1.60 per share (80 % of the face value of the share, Rs 2) as against Rs 1.40 per share (70 % of the face value of the share, Rs 2) for FY 09.

Revenue from operations for FY 10 stood at Rs 1238.72 crores as against Rs1123.53 crores for FY 09, a growth of 10.25 %. The Profit after Tax (PAT) for FY 10 was down by 19.64 % to Rs 121.51 crores as against Rs 151.21 crores for FY 09. The diluted EPS for FY 10 stands at Rs 23.29 as against Rs 30.46 for FY 09.

A meeting of the Board of Directors will be held on 1st of July 2010 to consider various options of issuing Convertible warrants/Equity Shares/Convertible Securities/any other instruments on preferential basis to promoters and/or others
 
About ICSA (India) Ltd
ICSA (India) Ltd is in the business of providing technology solutions to power utilities. It also deploys infrastructure in distribution and transmission sectors for different state utilities. The company's product line includes: Intelligent Automatic Meter Reading System, Multiplexer Unit, Distribution Transformer Monitoring System, Substation Controller, Micro Remote Terminal Unit, Theft Detection Devices, Pole Top RTU and SCADA solutions.

The company has developed products suitable for power utilities in the field of Energy Management, Energy Audit, and Control applications and provides versatile Data Acquisition Systems using GSM, CDMA, and RF.

For more details visit www.icsa-india.com.