In a tough year, contribution of new business to overall revenue dropped
drastically for Geometricfrom 7% in FY09 to just 1.3% in FY10and that pulled
down its topline. But like most service companies, Geometric concentrated on
improving margins and managed to increase to 12.5%, from 2% in FY09. While the
contribution of software services and product revenues grew, engineering
services share declined. What differentiates Geometric from many others is a
healthy 7% revenue coming from products.
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FACTSHEET
l CEO: Ravishankar G l Start-up |