Wednesday, October 26, 2005

Rolta India gained nearly 3% to Rs 159.50 after the company reported a decent growth in Q1 September 2005 net profit


Rolta India reported a 26% growth in Q1 September 2005 net profit to Rs
31.68 crore (Rs 25.12 crore). Net sales rose 20.6% to Rs 90.51 crore (Rs
75.04 crore).

On a sequential quarter on quarter basis, net profit rose 28% from Rs 24.75
crore in Q4 June 2005. Net sales declined 11.3% on a sequential basis, from
Rs 102.05 crore in Q4 June 2005

About 96% of Rolta’s revenue is derived from its CAD/ CAM/ GIS business and
the balance from its e-Solutions services and Internet businesses. It
dominates (70%) the GeoSpatial market in India and expects to remain at the
cutting-edge of GeoSpatial technologies.

Rolta is also a leading provider of Plant Design Automation (PDA) solutions
in India, with an over 80% market share, and is the preferred partner for
plant Engineering Design Services (EDS) globally to international giants
including Dow Chemical Co.

Rolta has strong business partnerships with international technology
leaders.

Rolta has entered into a strategic partnership with Stone & Webster, Inc.,
USA, one of the world's foremost engineering-construction companies, to
provide high quality cost-effective engineering, design and procurement
services, related to power, refinery and petrochemical projects, worldwide.

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