Press Releases
Q1 PRESS RELEASE
- Cranes Software International Ltd. posts a revenue of Rs. 683.93 lacs and a net up of 253 per cent
- Consolidated results including subsidiaries is Rs. 838.12 lacs
- Rs. 477.93 lacs came from the overseas market
Cranes Software International Ltd., CSIL, a scientific and engineering software solutions provider, today announced the unaudited results for its first quarter ended June 30, 2002. The company posted a turnover of Rs. 683.93 lacs with a consolidated turnover of over Rs. 838.12 lacs. Revenues in the quarter rose to 253 per cent, up from Rs 270.11 lacs in the corresponding quarter of the previous year. The profit after tax is reported at Rs 192.45 lacs.
Asif Khader, Co-founder, CEO & MD said, “We have always been focused in the domain area of Scientific and Engineering Software Solution. To grow deeper into the field we have constantly improvised on our marketing skills and introduced strategic business plans. This has in-turn helped us enhance our consolidated revenues for this quarter and will also post a promising turn over for the year”
CSIL’s compounded annual growth rates for revenues and profits over the last 8 years is 50.77 per cent. |
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