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Blue Star Infotech Limited Profits for Q3 Up by 67% - Blue Star Infotech Limited, the global software services and solutions provider, reported a net profit of Rs. 4.7 Crores on sales of Rs. 33.4 Crores for its Q3 operations, an increase of 67% from the same quarter last year
Blue Star Infotech Limited Profits for Q3 Up by 67%

 

PRZOOM - /newswire/ - Mumbai, Maharashtra, India, 2010/01/29 - Blue Star Infotech Limited, the global software services and solutions provider, reported a net profit of Rs. 4.7 Crores on sales of Rs. 33.4 Crores for its Q3 operations, an increase of 67% from the same quarter last year.

   
 
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Net profit has improved from Rs. 4.2 Crores in Q2 to Rs. 4.7 Crores for Q3.

The Company has added 27 new customers in this financial year. Commenting on the performance, Mr. A. T. Vijayakumar, President & COO, said, “While our profits have increased due to better operational management, we continue to experience a sluggish market. We are focusing on strengthening our sales pipe in all our geographies. But the incubation period seems to be longer than before and hence delaying closures.”

About Blue Star Infotech Ltd (BSIL)

Part of the Blue Star Group, Blue Star Infotech Ltd (bsil.com) enables organizations to realize their business goals – by enabling them to maximize operational inefficiencies and eliminate internal constraints through innovative technology and business solutions. Headquartered in Mumbai, India, the Company has seven software development centers in Mumbai and Bangalore and 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.

BSIL addresses the IT needs of organizations in verticals such as Technology, Travel & Hospitality, Health Sciences, Government, Pharmaceutical, Discrete Manufacturing, Media & Entertainment and Telecom.

BSIL is a Microsoft Gold Certified Partner, Oracle Certified Partner and SAS Silver Partner.

 
 
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Agency / Source: Blue Star Infotech

 
 

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Blue Star Infotech Limited Profits for Q3 Up by 67%

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Contact: Suresh Iyer - BSIL.com 
+91 98 19651146 sureshi[.]bsil.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Blue Star Infotech securities in any jurisdiction including any other companies listed or named in this release.

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