Press Releases

Monday
January 31, 2005

Rolta Q2 Net Profit at Rs. 26.21 Crores, up 30.4 %

Mumbai, January 31, 2005:Rolta India Limited, India's leading CAD/CAM/GIS solutions and services provider, announced impressive Unaudited Results for its second quarter ending December 31, 2004. The total revenue of the company for the quarter were Rs. 86.36 Crores as against total revenue of Rs. 62.06 Crores during the corresponding quarter of the previous year, reflecting a growth of 39.2%. The Net Profit after tax for the quarter ended December 31, 2004 was Rs. 26.21 Crores against a Net Profit of Rs. 20.11 Crores during the same quarter of the previous year, representing a growth of 30.4 %. The Diluted Earning Per Share and Cash Earnings Per Share for the quarter ended December 31, 2004 were Rs. 4.12 and Rs. 6.52 as against Rs 3.16 and Rs 4.99 in the previous year, signifying a growth of 30.4 % and 30.7 % respectively.

The total income for the half-year ended December 31, 2004 was Rs 161.92 Crores, an increase of 27.2% over the comparable income of Rs 127.28 Crores for the corresponding period in the previous year. The Net Profit after tax for the half year ending December 31, 2004 was Rs 51.33 Crores as against Rs 42.50 Crores in the corresponding period last year, reflecting a healthy growth of 20.8 %.

Rolta has continued to expand its capacity and capabilities to handle not only existing projects, but also build expertise and skills in anticipation of foreseeable business. The company has continued with its scalable recruitment and human resources management process and has inducted over 400 engineers in various disciplines during the last quarter. In line with the it's philosophy of acquiring top-level expertise & certifications thereof, in addition to its current world-class accreditations, Rolta has also been accredited with the BS 7799 certification, while BS 15000 and CMMI are in process.

Company Background : Rolta is an Indian multinational organization well equipped to provide knowledge-based Software/IT, Engineering and Mapping solutions & services to customers across the world. 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 & SEI CMM Level 5.

Ranked by Forbes Global for three years in a row (2001, 2002, 2003) amongst the 200 Best Companies in the world (Sales upto 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
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