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Bluestar Infotech announced Q4 2009-10 financial results

Bluestar Infotech enables global mid market enterprises derive measurable business outcomes through the efficient use of information technology. Drawing upon its long standing track record of creating IT solutions, BSI is equipped to deliver affordable and flexible solutions through client-friendly and flexible engagement models. Headquartered in Mumbai, the Company is present in seven locations in India with software development centers in Mumbai and Bangalore. It serves its global clientele through offices in North America, UK, Finland and Japan. The Company also has business associates in USA and Europe. The Company is listed on the National Stock Exchange and the Bombay Stock Exchange in India.

Highlights – Fourth Quarter 2009

• Reported a revenue of Rs. 130.81 Crores for the 2009-10 financial year
• Reported a profit after tax (PAT) of Rs. 13.7 Crores for the 2009-10 financial year
• For its Q4 operations, revenue was at Rs.31 Crores and PAT rose to Rs. 2.75 Crores from Rs.2.65 Crores in same period last year (Q409)
• Proposed a dividend of Rs. 5 per share

Business Highlights

• The company added 10 new clients during the quarter
• Overall the company added 37 new clients in the financial year

http://www.bsil.com/year10_14-may.html

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Posted by Guru's Pick on Monday, May 24, 2010 10:23 AM
     
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