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Rolta's Q2 FY-13 Consolidated Revenue Grows 12.0% and Net Profit 11.4% Sequentially

    Rolta's Q2 FY-13 Consolidated Revenue Grows 12.0% and Net Profit 11.4%
                                 Sequentially

  PR Newswire

  MUMBAI, February 12, 2013

MUMBAI, February 12, 2013 /PRNewswire/ --

Rolta India Limited, a leading provider of innovative IT solutions for many
vertical segments, including Federal and State Governments, Defense and
Homeland Security, Utilities, Process, Power, Banking and Insurance, today
announced unaudited financial results for quarter ended December 31, 2012 (Q2
FY-13) which have undergone a limited review by statutory auditors of the
company.

 (Logo: http://photos.prnewswire.com/prnh/20121023/570667 )

                             FINANCIAL HIGHLIGHTS

  *Consolidated Revenue for Q2 FY-13 at Rs. 526.48 crores (Rs. 5.26 Billion)
    against Rs. 470.14 crores (Rs. 4.70 billion) in Q1 FY-13, registering a
    sequential growth of 12.0%.
  *Consolidated Profit after Tax for Q2 FY-13 at Rs. 70.39 crores (Rs. 0.70
    Billion) against Rs. 63.21 crores (Rs. 0.63 Billion) in Q1 FY-13,
    registering a sequential growth of 11.4%.

Commenting on the results, Mr. K. K. Singh, Chairman and Managing Director
said, "Our strategy of transforming Rolta from a pure-play GIS/Engineering
services company to an IP-led solutions provider is nearing completion. The
Company now offers enterprise-wide integrated solutions that uniquely combine
the benefits of Geospatial, Engineering, IT and Security domains. We are
beginning to see strong evidence of the success of our strategy world-wide, as
is reflected in our numbers for the quarter."

                             CORPORATE HIGHLIGHTS

The Company made significant progress on many fronts during the quarter ended
December 31, 2012. Rolta completed the acquisition of AdvizeX Technologies to
widen its portfolio to include offerings in the areas of Cloud Computing, Big
Data analytics, and IT Infrastructure design and security. The Company
established strategic global partnerships with Oracle and SAP, taking the
relationship with both to the next level.

On the business front, the Company has booked significant orders, including
some for large innovative solutions with potential for follow-on business. The
Order Book and the Pipeline are very healthy.

The Company appointed Preetha Pulusani as President, Rolta International, Inc.
for Americas. She has also been inducted to the Board of Rolta India Limited
as a Director. In the past, Preetha has served Rolta India as Joint Managing
Director, and the Chief Strategy Officer. Prior to joining Rolta, Preetha had
a twenty-five year career with Intergraph Corporation of USA that culminated
with her appointment as the President of the Security, Government and
Infrastructure (SG&I) Division with annual revenues of over $400 million. She
replaces Ben Eazzetta, who wishes to pursue other interests but will continue
to be a member of the Rolta International Board and an advisor.

The company also appointed Pankit Desai as President - Business Operations for
Europe, Middle East and Africa. Prior to Rolta, Pankit has served in executive
leadership positions for companies such as NTT DATA, Intelligroup, Wipro and
IBM, and thus brings rich experience in enterprise IT solutions to Rolta,
including 15 years in the US.

Rajesh Ramachandran was appointed as the President & CTO for Global Products &
Technology Solutions. He comes with rich experience at executive leadership
positions at eBay, Oracle and Siemens, where he held product development and
global delivery responsibilities.

                            OPERATIONAL HIGHLIGHTS

Enterprise Geospatial & Engineering Solutions (EGES)

Rolta continues to experience good traction for its solutions in various
vertical segments that it addresses. The Company has been recently selected to
design and build a sophisticated Soil Information Management system in UAE.
The Bahrain Enterprise Asset management System was successfully commissioned
and the customer is evaluating additional add-on applications. The Company has
been awarded projects valued at about $10M in North Africa for creating a
digital spatial database, consisting of base maps and elevation models, for
the country for use by multiple agencies, such as the land-records department,
railways, municipalities, and for eventual integration with "business"
applications on the Geospatial Fusion platform. In Western Europe, Rolta has
been engaged for creating a digital landbase for municipalities, again for
exploitation by BI applications. Rolta has been contracted by USA's largest
commercial satellite operator and data provider to build digital elevation
models (DEMs) for international airports across the world. The DEMs are being
deployed for safety and security of the airports. 

The company has successfully delivered a 3D "as-built" model for a major
refinery in Kuwait, using sophisticated laser-grammetry and modeling tools. In
addition to engineering design and automation, the Company's solutions for
procurement and construction management have also been well received by the
process industry in India, with the country's premier oil & gas company
selecting Rolta for its fast-tracked $18 B expansion project.

Enterprise IT & Security Solutions (EITS)

The Company's strategy to differentiate its offerings in the large main-stream
IT solutions and services market through deep domain knowledge of select
vertical segments, and its integration with geospatial technologies, is
meeting with success. Rolta has recently won a $31M contract from the largest
3-utility municipality in the US, MLGW of Memphis, for a comprehensive IT
deployment project that will integrate Oracle e-Business Suite applications,
including Financials, eAM, Human Resources, Hyperion and Business
Intelligence, with spatial data. The success of Rolta's strategy was again
evidenced by the recent award of contracts valued at $11M by Northern
Powergrid, UK to modernize their IT infrastructure and business processes
while leveraging geospatial intelligence through integration with a mobile
platform, and deliver improved utilization through life-cycle asset
management.

The Company has established state-of-the-art Centers of Excellence in Mumbai
and Chicago to showcase Rolta's expertise and offerings for business analytics
and Big Data solutions based on Oracle Exalytics and SAP HANA. Rolta OneView™
is one of the first enterprise business intelligence (BI) and analytics suites
to have been engineered for SAP HANA. Rolta now has a Centre for Cloud
Assessment & Strategy in Cleveland, Ohio where clients can simulate different
approaches to optimize their IT infrastructure strategy.Rolta completed the
deployment of a highly secure private Cloud platform for a multi-agency
security organization in the Middle-East, built around Rolta iPerspective™, a
platform for integration, cloud-enablement and IT security.

Rolta OneView™ continues to be well received in the oil and petrochemical
capitals of the world.Rolta OneView went live in a petro-chemical firm in
Saudi Arabia. It has been selected by a major petrochemical company in Oman
for its BI initiative for organizational excellence, spanning all business
functions - operations, maintenance, cost control, HSE, assets, reliability,
and finance.

In the Security segment, the Company is actively engaged with many agencies to
present proofs-of-concept for very large procurement programs, solutions for
which require a combination of skills in IT, communications, geospatial
technologies, and domain-specific know-how. While large multi-billion dollar
defense programs like Battlefield Management Systems, Digital Soldier Program,
etc. continue to progress well, Rolta has also started seeing good success for
its Homeland & Maritime Safety and Optronics solutions with several safety and
security agencies at both central and state level choosing to award projects
to the Company, including a recent selection by one of the largest state
police forces for deploying optronics devices to enhance their night vision
capabilities. Rolta has also been selected by a few more north-eastern states
in India to implement their Crime & Criminal Tracking Network (CCTNS)
projects.

About Rolta :

Rolta is a leading provider of innovative IT solutions for many vertical
segments, including Federal and State Governments, Defense/HLS, Utilities,
Process, Power, Financial Services, Manufacturing, Retail, and Healthcare.By
uniquely combining its expertise in the IT, Engineering and Geospatial
domains, Rolta develops exceptional solutions for these segments. The Company
leverages its industry-specific know-how, rich repository of intellectual
property that spans photogrammetry, image processing, geospatial applications,
business intelligence, analytics, field-proven solution frameworks, and deep
expertise in cutting-edge technologies like Geo BI, Cloud computing, Software
Defined Infrastructure and Big Data for providing sophisticated
enterprise-level integrated solutions.Rolta is a multinational organization
headquartered in India.The Company operates from 40 locations worldwide
through its subsidiaries, and has executed projects in over 45 countries.The
Company benchmarks its quality processes to the world's best standards, like
successful assessment for Software Application Development and Maintenance at
the highest Level 5 of SEI's CMMI® version 1.3.Rolta is listed on the Bombay
Stock Exchange & National Stock Exchange, and forms part of various indices on
BSE/NSE in India.The Company's GDRs are listed on the Main Board of London
Stock Exchange.

Primary Media Contact: Atul Tayal, JMD and COO Domestic Operations,
adtayal@rolta.com , 91-22-29266666

Secondary Media Contact: Hiranya Ashar, Director Finance and CFO,
hiranya.ashar@rolta.com , 91-22-29266666

Contact: PRN
 
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