Rolta's Q1-FY-14 Consolidated Revenue Grows 33.5% and Net Profit 11.1% Y-o-Y

IT Infrastructure Consulting and Managed Services

  • A major distributor of more than five million products representing over 4,000 world-class manufacturers, awarded a multi-million dollar, multi-year contract for managed services covering SAP's ERP applications, providing both functional and technical support.  
  • Similarly, the 2nd largest PC manufacturer in the world awarded a major project to support Oracle EBS R12 upgrade, Hyperion planning and Data Relationship Management.  
  • In the Utilities space, a provider of electricity to 9 million people in various southeastern states in the U.S. entrusted the Company with a project for enterprise data warehouse redesign as a precursor to implementing BI and Analytics.  
  • A long-standing Managed Services client, one of the leading global manufacturers of plastic products has called upon Rolta to provide consulting services for an Oracle Fusion Financial Applications implementation.  Rolta is being recognized as one of the very few companies globally who has the expertise with unique IP for acceleration and accuracy of migration, which positions the Company as a premier service provider for Oracle Fusion implementations.
  • Rolta architected and implemented new information back-up and disaster recovery processes and systems for a large, state operated Health Care organization, in US and at a global leader in the Metals industry.
  • The Company also designed and implemented new software defined distributed networking architectures for a global Retailer, and another for a major Medical Products company; built the IT infrastructure to support a new customer focused application for a regional utility company.  
  • Rolta won a World Bank funded multi-crore project in India to deliver a comprehensive solution for Rural Livelihoods promotion in Bihar.  Rolta's win is evidence of its strong ERP expertise, a proven e-Governance solution framework, and an enviable track record of delivering complex projects for Government organizations such as NICSI and various state organizations. This solution could become a template for implementing similar applications for other states in India.

About Rolta: Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare.  By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops exceptional solutions for these segments. The Company leverages its industry-specific know-how, rich repository of intellectual property that spans photogrammetry, image processing, geospatial applications, business intelligence, analytics, field-proven solution frameworks, and deep expertise in cutting-edge technologies like Geo BI, Cloud computing, Software Defined Infrastructure and Big Data for providing sophisticated enterprise-level integrated solutions.  Rolta is a multinational organization headquartered in India.  The Company operates from 40 locations worldwide through its subsidiaries, and has executed projects in over 45 countries.  The Company benchmarks its quality processes to the world's best standards, like successful assessment for Software Application Development and Maintenance at the highest Level 5 of SEI's CMMI® version 1.3.  Rolta is listed on the Bombay Stock Exchange & National Stock Exchange, and forms part of various indices on BSE/NSE in India.  The Company's GDRs are listed on the Main Board of London Stock Exchange.  The Company's 'Senior Notes' are listed on Singapore Stock Exchange.

Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. The Company may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them.

For additional information please visit  http://www.rolta.com, or contact:

Atul Tayal
Jt. MD & COO - Domestic Operations
Member of the Board
Email Contact
Tel: +91(22)2926-6666

Preetha Pulusani
President - Americas
Member of the Board
Email Contact
Tel: +1(678)942-5000

Pankit Desai
President - Business Operations:
Europe, Middle East and Africa
Email Contact
Tel: +91(22)2926-6666

Hiranya Ashar
Director Finance & CFO
Member of the Board
Email Contact
Tel: +91(22)2926-6666

 

SOURCE Rolta India Limited

Contact:
Rolta India Limited



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