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Virgo Global Limited
Sector:IT IT - Software - Small/Medium
BSE:32354NSE:NABloomberg:OMS@INReuters:VIRG.BO
Market Lot: 1Face Value: 4ISIN Demat: INE400B01020
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21-Jul-2007
Business Profile
Online Media Solutions (ONLMEDSO) was originally incorporated in 1999, as Om Web Private Limited. The name of the company was changed to the present one in 1999. ONLMEDSO is engaged in the business of Internet services and software development. The registered office of the company is situated at Vipanchi Estates, Hyderguda, Hyderabad. The company expects to have a sizable increase in revenue in 2006-2007 due to new initiatives in the broadband Internet and cable TV services.


Financials

Net Sales for the quarter declined 50.00% to Rs 0.09 million for the quarter ended March, 2007 from Rs 0.18 million for the quarter ended March, 2006.

Total income rose 550.00% to Rs 2.6 million for the quarter ended March, 2007, from Rs 0.4 million for the quarter ended March, 2006.

The earnings per share (EPS) of the company stood at Rs 0.03 in the quarter ended March, 2007 .



Recent Developments
30-APR-07
Online Media Solutions Ltd informed BSE that the board of directors of the company at its meeting held on April 30, 2007, inter alia, has considered the following:1. Appointment of Mr. P V Narasimha Rao as executive director.2. Resignation of Mr. Janaki Rama Raju as director of the company.



25-JAN-07
Online Media Solutions Ltd informed BSE that the board of directors of the company at its meeting held on January 25, 2007, inter alia, has appointed Mr. L. P. Sashikumar as alternate director to Mr. Clinton Travis Caddeil.





In Brief

 
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