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Rolta Announced Financial Results for Q4 and Full Year Ended June 30, 2010

Rolta is an Indian multinational organization that has executed projects in over 40 countries. The Company is a strong player in the Defense and Homeland Security, Government, and Infrastructure sectors by providing innovative solutions – Enterprise Geospatial and Defence Solutions (EGDS), Engineering Design and Operation Solutions (EDOS) and Enterprise IT Solutions (EITS). Rolta, headquartered in Mumbai, employs about 4500 professionals with countrywide infrastructure and international subsidiaries across the globe. Rolta is accredited with the prestigious BSI ISO/IEC 27001:2005 certification, the ultimate benchmark for information security; the BSI ISO/IEC 20000-1:2005 IT Service Management Standard; and the Company’s software development business group has been assessed at the highest level of SEI-CMMI Level 5. Forbes Global has ranked Rolta amongst the "Best 200 under a Billion" four times in six years. Rolta has been included in the S&P Global Challengers ListTM by Standard & Poor’s. The Company is listed on the NSE in cash and F&O segment and forms part of CNX IT, NIFTY Midcap 50 and CNX 500 indices. The Company is also listed on BSE 'A' group and forms part of BSE Midcap, BSE 200, BSE 500, BSE IT and BSE TECK indices. The Company's GDR is listed on the Main Board of London Stock Exchange and its FCCB's are listed on the Singapore Stock Exchange.

Financial Highlights

•Consolidated Revenue for Q4 FY-10 at Rs. 4.12 Billion against Rs. 3.33 billion in FY-09, registering a Y-o-Y growth of 23.9% and sequential growth of 4.4%.
•Consolidated EBITDA for Q4 FY-10 at Rs. 1.60 Billion against Rs.1.12 billion in FY-09, registering a Y-o-Y growth of 42.3 % and sequential growth of 7.3%.
•Consolidated Profit after Tax for Q4 FY-10 at Rs. 0.69 Billion against Rs. 0.50 Billion, without considering one-time gain of FCCB buy back, in FY-09, registering a Y-o-Y growth of 39.3% and sequential growth of 3.0%.
•Consolidated Revenue for FY-10 at Rs. 15.33 Billion against Rs.13.73 Billion in FY-09, registering a growth of 11.6%.
•Consolidated EBITDA for FY-10 at Rs. 5.77 Billion against Rs.4.64 Billion in FY-09, registering a growth of 24.5%.
•Consolidated Profit after Tax for FY-10 at Rs. 2.55 Billion against Rs. 2.67 Billion, without considering one-time gain of FCCB buy back, in FY-09, registering a Y-o-Y decline of 4.7%.
•The Board has recommended a dividend of Rs. 3.25 per share for FY 2009-2010.

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Posted by Guru's Pick on Friday, October 08, 2010 6:43 AM
     
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