Ricoh India

Ricoh India is an office automation company providing printers, wide format, digital copiers, cameras, solutions & technical support services.

The company posted excellent numbers for Q4FY15, so much so that the net profit of this quarter alone surpassed that of entire FY15. On a net sales of Rs.628 crore, up 77%, net profit came in at Rs.41 crore, up some 193%. And this net profit surpassed the Rs.34 crore net profit of FY15.

For the quarter, performance was driven by the services segment, which recorded a 4 times rise in topline and EBIT was up 31 times at Rs.62 crore. The company has said that very good deals in the services segment have driven the performance.  In the current fiscal it aims at an EBITDA margin of 10% and plans to invest Rs.300-500 crore in segments like infrastructure and training to grow its business.