Allied Digital looks for UK JV partners

Information technology services provider Allied Digital Services (ADSL) is eyeing 25% to 30% growth both in profit as well as revenue during the current financial year, ADSL chairman and managing director Nitin Shah said.

MUMBAI: Information technology services provider Allied Digital Services (ADSL) is eyeing 25% to 30% growth both in profit as well as revenue during the current financial year, ADSL chairman and managing director Nitin Shah said.

The company had a revenue of 673 crore and a profit of 97.4 crore in 2009-10.

The company, which is present in Australia, West Asia and the US, is also looking to enter the European market through partnership. "We are already in talks with few companies in the UK for partnership. After establishing ourselves in the UK we will venture into other countries in the continent," he said.

ADSL has a employee strength of over 3,500 and is looking to increase it by 15-20% by FY 12, Shah said.
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