Rolta's Q2-FY-15 Consolidated Revenue Grows 41% Y-o-Y and PAT Grows 14.6% Q-o-Q

Rolta's in-depth domain experience and unparalleled Oracle expertise has positioned it as a leader in delivering innovative solutions to organizations around the world. With more than 12 years of Oracle E-Business Suite migration experience, Rolta has incorporated its expertise and best-practices into a comprehensive Manufacturing IT Assessment suite that helps to clearly define a roadmap for customers to derive optimal results through fast deployment with mitigated risk and vastly improved Time-to-Value. This has resulted in many wins in all geographies for applications like EBS and EPM. For example, Rolta was recently awarded a contract by a global research and manufacturing company in the life sciences industry pertaining to Oracle EBS. The Company also won a contract to design and implement a data warehouse, dashboard and operational reporting for a leading fabricator of industrial products. In India, Rolta has been awarded a prestigious project by the Industries department of Government of Maharashtra for modernizing their e-Governance framework. A leading specialty chemicals company in India engaged Rolta to implement a sophisticated security solution to protect their IP consisting of sensitive data related to their proprietary chemical formulations.

Contracts for long-term Managed Services that entail technical support and upgrades/enhancements are gathering momentum, thereby strengthening the annuity revenue stream. Examples of new contracts include a company that supports communications to multiple phone numbers at a time, and a Blue Cross and Blue Shield healthcare company in the US. Rolta was awarded similar contracts by Dubai Road and Transport Authority for their GIS applications, Bahrain Ministry of Works for the Asset Management System, and other contracts from large organizations such as Dubai Municipality, Abu Dhabi Sewerage Service Company and General Commission of Survey in Saudi Arabia.

About Rolta: Rolta is a leading provider of innovative IT solutions for many vertical segments, including Federal and State Governments, Defense/HLS, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare.  By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops exceptional solutions for these segments. The Company leverages its industry-specific know-how, rich repository of intellectual property that spans photogrammetry, image processing, geospatial applications, business intelligence, analytics, field-proven solution frameworks, and deep expertise in cutting-edge technologies like Geo BI, Analytics, Cloud computing, Software Defined Infrastructure and Big Data for providing sophisticated enterprise-level integrated solutions.  Rolta is a multinational organization headquartered in India.  The Company operates from 40 locations worldwide through its subsidiaries, and has executed projects in over 45 countries.  The Company benchmarks its quality processes to the world's best standards, like successful assessment for Software Application Development and Maintenance at the highest Level 5 of SEI's CMMI┬« version 1.3.  Rolta is listed on the Bombay Stock Exchange & National Stock Exchange, and forms part of various indices on BSE/NSE in India.  The Company's GDRs are listed on the Main Board of London Stock Exchange.  The Company's 'Senior Notes' are listed on Singapore Stock Exchange.

Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. The Company may make additional written and oral forward-looking statements but do not undertake, and disclaim any obligation, to update them. 

For additional information please visit  http://www.rolta.com, or contact:

Atul Tayal
Jt. MD & COO - Domestic Operations
Member of the Board
Email Contact

Tel: +91(22)2926-6666
Preetha Pulusani
President - Americas
Member of the Board
Email Contact

Tel: +1(678)942-5000
Pankit Desai
President - Business Operations:
Europe, Middle East and Africa
Email Contact

Tel: +91(22)2926-6666

Hiranya Ashar
Director Finance & CFO
Member of the Board
Email Contact

Tel: +91(22)2926-6666

SOURCE Rolta India Limited

Contact:
Rolta India Limited



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