Press Releases

Friday
April 29, 2005

Rolta Q3 Net Profit at Rs. 27.28 Crores, up 28.8 %

Mumbai, April 29, 2005: Rolta India Limited, India's leading CAD/CAM/GIS solutions and services provider, announced impressive Unaudited Results for its third quarter ending March 31, 2005. The net sales of the company for the quarter were Rs. 88.83 Crores as against net sales of Rs. 72.16 Crores during the corresponding quarter of the previous year, reflecting a growth of 23.1%. The Net Profit after tax for the quarter ended March 31, 2005 was Rs. 27.28 Crores against a Net Profit of Rs. 21.19 Crores during the same quarter of the previous year, representing a growth of 28.8 %. The Diluted Earning Per Share and Cash Earnings Per Share for the quarter ended March 31, 2005 were Rs. 4.3 and Rs. 6.2 against Rs 3.3 and Rs 5.5 respectively in the previous year.

The net sales for the Nine Months period ended March 31, 2005 was Rs 243.92 Crores, an increase of 24.6 % over the comparable net sales of Rs 195.79 Crores for the corresponding period in the previous year. The Net Profit after tax for the Nine Months period ended March 31, 2005 was Rs 78.61Crores as against Rs 63.69 Crores in the corresponding period last year, reflecting a healthy growth of 23.4%.

Rolta recently bagged significant domestic and overseas GIS Projects exceeding Rs 200 Crores. At various stages of execution, these orders are for high-end and comprehensive GIS & Imaging software applications/development/customization; wide-ranging services including Intelligent GIS database creation & updation for planning using Digital Photogrammetry, and special purpose ruggedised Imagery systems. The company's IT and Software practices /operations have also been recommended to British Standards Institution for BS 15000 certification, the ultimate benchmark for IT services- Only 18 companies worldwide have received this accreditation till date.

Company Background : Rolta is an Indian multinational organization providing knowledge-based Software/IT, Engineering and Mapping solutions & services to its customers worldwide. A leading Public Company with over 1,30,000 shareholders, Rolta has been profitable and consistently paying dividends since its IPO in 1990.

The company has been ranked as India's #1 CAD/CAM/GIS solutions provider for over a decade and is considered amongst the world's top AM/FM/GIS & Photogrammetry services providers. Rolta is the leading provider of Plant Design Automation Solutions in India, and a preferred partner for providing Plant Engineering Design services globally to international giants like The Dow Chemical Company and others. The company has also established a Joint Venture with Stone & Webster Inc, USA, one of the world's foremost engineering companies for addressing large projects, in segments like power, petrochemical, refinery etc. Rolta is one of the top-three Premier Global Service Partners of Computer Associates, worldwide, for IT services in the areas of Enterprise Management, Security and Software Development & Testing.

The company enjoys strong business partnerships with international technology leaders like Intergraph, Z/I Imaging, PTC, IBM, Microsoft, Oracle and others. By judiciously combining its worldwide resources, including; subsidiaries in USA, Canada, UK, Germany, Netherlands, Saudi Arabia & Middle East; a network of over 15 full-fledged offices in India; over 3000 professionals; and state-of-the-art infrastructure including global connectivity and software development centers in India & USA, Rolta is able to meet customer needs cost-effectively. The company's quality standards are benchmarked to world-class levels, with top quality certifications such as, BS 7799, ISO 9001:2000 and SEI CMM Level 5. Rolta has also been recommended for BS 15000 certification, while CMMI is in process.

Ranked by Forbes Global for three years in a row (2001, 2002, 2003) amongst the 200 Best Companies in the world (Sales up to US $ 1 billion), Rolta is one of the only eighteen such companies worldwide. Deloitte has recently ranked the company amongst the 500 fastest growing technology companies in the Asia-Pacific region.

For additional information

Mr.V L Ganesh  
Director-Finance & Chief Financial Officer
Rolta India Limited
Telephone: 2832 6666 / 2826 2222 Extn: 1501  
E-mail: vlganesh@rolta.com
           www.rolta.com