Rolta's Q3-FY-18 Consolidated PAT Grows 60.4% Q-o-Q

In the quarter, Rolta ManageX™ an IP based IT Transformation platform was rolled out to more than 100 customers to automate and improve service delivery. This solution is expected to dramatically reduce customer costs and present new opportunities for expanding Rolta's portfolio of Managed Services customers.

IoT and Big Data Analytics

Asset intensive industries in their quest for digital transformation have grown to trust Rolta for its ability to address the full spectrum of Big Data analytics maturity journey from initial advisory, data discovery, migration and enablement of big data landscape, establishing an asset information model (AIM) to secure IoT integration and advanced analytics. This has enabled the company to build digital repositories enriched with Business, Geospatial as well as Engineering data to enable collaboration, knowledge sharing, workflow automation together with analysis of intricate data patterns for deep insights. Rolta's BI and Big Data analytics platform has been a key differentiator enabling the Company in winning multiple Smart City Solutions. Rolta has also recently received a contract to re-engage with an existing customer, one of the large Oil Refining, Global Fortune 500 company. Through this project Rolta will be assisting to extend their Asset Information for their new Oil Terminal.

One of India's largest energy conglomerate awarded Rolta with a US $ 20+ M contract for their ambitious Digital Transformation program to establish and manage their next generation paperless office as part of the Digital India initiative. This program will essentially leverage the entire portfolio of Rolta's Big Data IP to design and establish an enterprise content management system encompassing both business as well as engineering data for records and knowledge management, migration of their existing data, integration and business process automation together with mobile access.

About Rolta: Rolta is a leading provider of innovative IP-led IT solutions for many vertical segments, including Federal and State Governments, Utilities, Oil & Gas, Petrochemicals, Financial Services, Manufacturing, Retail, and Healthcare. Rolta is recognized for its extensive portfolio of solutions based on field-proven Rolta IP tailored for Indian Defence and Homeland Security. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops State-of-the-Art Digital Solutions incorporating rich Rolta IP in the areas of Cloud, Mobility, IoT, BI and Big Data Analytics. Rolta is a multinational organization headquartered in India and the Company's shares have been publicly traded for more than 25 years in India.

Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward- looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. The Company may make additional written and oral forward looking statements but do not undertake, and disclaim any obligation, to update them.

For additional information please visit  http://www.rolta.com, or contact:  

Preetha Pulusani
President – International Operations
Member of the International Board
preetha.pulusani@rolta.com
Tel: +1(678)942-5000

Lt. Gen K.T. Parnaik
JMD - Defence & Security Business
Member of the Board
kt.parnaik@rolta.com
Tel: +91(22)2926-6666

Rajesh Ramachandran
JMD - Global Products & Technology Solutions
Member of the Board
rajesh.ramachandran@rolta.com
Tel: +91(22)2926-6666

Ramakrishna Prabhu
Director – Finance and Corporate Affairs
Member of the Board
ramakrishna.prabhu@rolta.com
Tel: +91(22)2926-6666

 

Contact:
Company Name: Rolta India Ltd.
Financial data for Rolta India Ltd.



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