Friday, November 22, 2024
Business

Rolta readying $125 m warchest

Rolta India, the geospatial information solution (GIS) firm, aims to earn 20% of its revenues from intellectual property (IP) based solutions. IP’s contribution in the firm’s revenues currently is around 8%.Its third quarter (January-March) FY10 revenue grew 5.1% to Rs 400.5 crore and net profit grew 6.9% to Rs 67.1 crore as against the previous fiscal’s comparable figures. The order-book for the firm at the end of the third quarter stood at Rs 1,770 crore.Rolta will h…

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