Rolta India Limited (Rolta), a leading provider of innovative IP-led IT solutions for many vertical segments, counting Defence and Security, recently declared unaudited financial results for quarter ended December 31, 2016 (Q3 FY -17).
- Merged Revenue for Q3 FY-17 at Rs. 911.23cr (Rs. 9.11 Billion) against Rs. 736.95 cr (Rs. 7.37 Billion) in Q2 FY-17, registering a growth of 23.6 % Q-o-Q.
- Merged EBITDA for Q3 FY-17 at Rs. 254.75 cr (Rs. 2.55 Billion) against Rs. 217.12 cr (Rs. 2.17 Billion) in Q2 FY-17, registering a growth of 17.3% Q-o-Q.
- Merged profit after tax for Q3 FY-17 at Rs. 36.94 cr (Rs. 3.69 Billion) against Rs. 54.30 cr (Rs. 5.43 Billion) in Q2 FY-17, registering a decline of 32.0% Q-o-Q.
- Foreign Exchange loss for Q3 FY-17 at Rs. 16.09 cr (Rs. 1.61 Billion) against a gain of Rs. 15.79 cr (Rs. 1.58 Billion) in Q2 FY-17 impacting the profit after tax in Q3 FY-17 as contrast to Q2 FY-17.
Mr. K. K. Singh, Chairman and Managing Director said, “Rolta has consciously made efforts to remain at the forefront as a solutions provider with a sharp focus on the Digital revolution. Having made noteworthyinvestments in the recent years, the Company recently, is well positioned to address the huge Digital Transformation opportunities in the markets it serves.”