>ZYLOG(RelianceMoney)

For Q2FY09, ZSL reported 1.4% growth in the consolidated revenues to Rs
1800.5 mn, In USD term revenues were lowered by 6.1% sequentially to $42
mn. EBITDA margins for the quarter expanded by 160bps to 16.9%. Net profit
for the quarter was up by 4% sequentially and 26% yoy to Rs 264.8 mn.
During the quarter, ZSL has announced two new acquisitions namely PEQ
consulting (IMS space) and FAIRFAX (Content Processing) and completed
the acquisition of Dubai based Ducont FZ LLC, Ducont is a leading
application provider in internet and wireless applications.

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