Press Releases

Friday
October 29, 2004

Rolta Q1 Net Profit at Rs. 25.12 Crores, up 12.2 %

Mumbai, October 29, 2004: Rolta India Limited, India's leading CAD/CAM/GIS solutions and services provider, announced impressive Unaudited Results for its first quarter ending September 30, 2004. The total sales of the company for the quarter were Rs. 75.04 Crores as against total sales of Rs. 62.18 Crores during the corresponding quarter of the previous year, reflecting a growth of 20.7%. The Net Profit after tax for the quarter ended September 30, 2004 was Rs 25.12 Crores against a Net Profit of Rs. 22.39 crores during the same quarter of the previous year, representing a growth of 12.2%. The Diluted Earning Per Share and Cash Earnings Per Share for the quarter ended September 30, 2004 were Rs. 3.9 and Rs. 6.4 respectively.

Rolta has been recently named in the Deloitte Technology Fast 500 Asia Pacific ranking. The Deloitte Technology Fast 500 recognizes the 500 fastest-growing technology companies in Asia Pacific, Europe, Middle East and Africa, and the Americas, based on percentage revenue growth. The Deloitte Technology Fast Asia Pacific 500 program recognizes technology companies that have achieved the fastest rates of annual revenue growth in Asia Pacific during the past three years. By virtue of this listing, Rolta's capabilities and achievements as a leading IT services and solutions provider have been reaffirmed - the company continues to be a part of an elite regional and global group of technology companies acknowledged for their excellence and growth.

Rolta is also among the handful of companies worldwide, assessed at Maturity Level 5 of Capability Maturity Model, as per guidelines laid down by Software Engineering Institute, Carnegie Mellon University, USA (SEI CMM Level 5). This certification by KPMG covers Software Development and Testing. With this, Rolta has achieved another milestone in increasing its commitment to quality deliverables. This accreditation further strengthens the Company's ability to provide high-end software development and testing services, to global markets.

Company Background : Rolta is an Indian multinational organization well equipped to provide knowledge-based Mapping, Engineering, Software & IT-enabled solutions and services to customers across the world. By judiciously combining resources from worldwide facilities, Rolta has been meeting customer needs cost-effectively, since 1982. The company has consistently been ranked as India's #1 CAD/CAM/GIS solutions provider and amongst the world's top GIS & Photogrammetry software service providers. Rolta provides high-end Engineering Design services for worldwide markets and has established a Joint Venture with Stone & Webster, USA, one of the world's leading engineering companies, in this field. The company offers cutting-edge eBusiness, Internet and eSecurity solutions & services (including software development & testing) worldwide, and is a preferred partner of world leaders. Rolta has created state-of-the-art infrastructure spread across the globe - with over 3000 professionals; software development centers in Mumbai & Atlanta; subsidiaries in USA, Europe, Middle East and other parts of the world and a world-class quality system certified at CMM Level 5 & ISO 9001:2000.

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    www.roltanet.com