PRZOOM - /newswire/ -
Mumbai, Maharashtra, India, 2007/07/30 - A sequential Q-o-Q consolidated revenue growth of 14% to Rs 7829.42 lacs - Consolidated Net Profit up Q-o-Q by 21% to Rs 687.84 lacs.
Arshhiya Technologies International Ltd., an integrated supply chain management company with global presence, has announced its Consolidated Revenues of Rs. 7829.42 lacs and consolidated Net Profit of Rs. 687.84 lacs for its first fiscal Quarter ended June 2007. “The Q1 results have exceeded marginally as per the planned growth and this was possible due to team effort” remarked Mr. Ajay S. Mittal, Managing Director, Arshhiya Technologies International Ltd.
Highlights of Q1 ended June 2007
• Q1 2007 Consolidated Revenue of Rs. 7829.42 lacs
· Logistics sector Rs.7222.46 lacs
· Others Rs. 606.96 lacs
• Q1 2007 Consolidated Profit After Tax Rs. 687.85 lacs
· Logistics sector Rs.524.43
· Others Rs. 163.42
• Gross Margins were down from 19.55% to 18.30% on account of impact of the Foreign Exchange
• Net Operating Margins have increased by 21.54% to Rs.828.72 lacs
• Effective annual salary increment was about 12%
• Number of clients added 23
Arshhiya Technologies International is an Indian headquartered multinational company with offices spanning across India, Singapore, Australia, Dubai, Qatar, Oman and the United States. Arshhiya is a leading entity in providing knowledge driven solutions to its global customers specifically focused on the areas of innovative technology, business process outsourcing, supply chain, demand chain and financial flow management services.
Arshhiya is rapidly expanding its business capabilities through continuous internal development and aggressive acquisitions in complimentary space. Arshhiya's key business entities currently include: Cyberlog Technologies (which provides global I.T systems, software development and business process outsourcing services), BDP India and Gulf (which provides shipping and global logistics services to its customers), BDP-Genco (focusing exclusively on India's rapidly expanding retail market for their entire supply/demand chain management) and Arshhiya's Knowledge Centre (which will encompass specialised consulting services).
For further information, please contact:
V. Shivkumar Arshhiya Technologies International Ltd 6th Floor, 'C' Wing, Twin Arcade Military Road, Marol Maroshi, Andheri (East)