This will be followed by an Analyst Call on Friday, February 17, 2012 at 11.30 am IST. It will be hosted by Mr. Sanjay Viswanathan, Chief Executive Officer & Managing Director, Mr. Srikar Reddy, Chief Operating Officer & Deputy Managing Director, Mr. N. Venkatraman, Chief Financial Officer, along with other members of the senior management. During the call, Mr. Viswanathan will also respond to queries related to the company’s performance.

Those who want to participate in the Analyst Call can dial the phone numbers mentioned below :

The numbers listed above are universally accessible from all networks and all countries.

Please dial in at least 5-10 minutes prior to the conference schedule to ensure that you are connected to your call on time. 

About Sonata Software Limited

Sonata Software (www.sonata-software.com), headquartered in Bangalore, India, is a leading Indian Technology Solutions Company. Sonata’s customers are located across the US, Europe, Middle East and the Asia-Pacific region. Its key service lines include Microsoft Services, Emerging Technologies (Mobility and Cloud), Business Intelligence and Analytics, IP/Domain led services, Testing, Enterprise Solutions Open Source/ Java and Remote Infrastructure Management. As per the industry rankings released by NASSCOM for FY 2009-10, Sonata Software figured among the Top 20 IT Software Services Exporters in India for the third consecutive year. Sonata has been recognized for its excellence in providing Software/ISV R&D and Cloud Computing Services to global customers by Zinnov Management Consulting Pvt. Ltd.  Sonata features both under the Software/ISV as well as Cloud Computing verticals in Zinnov’s “Execution Zone”.

Sonata’s subsidiaries and affiliates include (1) TUI InfoTec – Sonata’s Joint Venture with TUI, Europe’s largest tourism group, (2)  Sonata North America Inc (formerly Offshore Digital Services Inc) – Sonata’s arm in the US, which provides development and consulting services to clients, using an Onsite-Offshore Delivery Model, (3) Sonata Software FZ LLC – Sonata’s fully-owned subsidiary that provides value-based IT solutions to customers in the Middle East, (4) Sonata Software (Qatar) WLL – Sonata’s Joint Venture with Mohammad Nasser Abdullah Al MISNAD and (5) Sonata Information Technology Limited, which is a premier software services and product distribution company with India-focused business operations.

For further information, please contact :

Swati Sengupta

Sonata Software Limited

A.P.S. Trust Building,

Bull Temple Road, N.R. Colony

Basavanagudi,

Bangalore 560019, India

Tel : +91 80 30971999

swati.sengupta@sonata-software.com

PERFORMANCE HIGHLIGHTS

Consolidated Quarter Review

Consolidated revenues stood at Rs 29.6 crore; up by 44.6% YoY.
Consolidated Net Profit for the quarter stands at Rs 2.7crore, an increase of 248% YoY.
EBIDTA Margin stood at 6.1% as against 6.0% in Q3FY11 – an increase of 10 bps.
Basic EPS for the quarter stood at Rs2.74, 248% jump YoY.

Consolidated 9m Review

Consolidated revenues stood at Rs 87.7 crore; up by 42.4% YoY.
Consolidated Net Profit for the 9mFY12 stands at Rs 8.5 crore, an increase of 431% YoY.
EBIDTA Margin stood at 9.1% in 9mFY12 as against 4.3% in 9mFY11 – an increase of 480 bps.
Basic EPS YTD stood at Rs8.50, increase of 431% over the same period last year.

Commenting on the company’s performance, Mr. A V Asvini Kumar, Chairman & Managing Director, Thinksoft Global, said, “The quarter under review was in line with our expectation driven by performance from the North America and Asia geographies. The Banking segment demonstrated strong growth during the quarter contributing 48.1% of our consolidated revenues. The deal pipeline remains robust which gives us the confidence of sustaining this performance going ahead.”

About Thinksoft Global

Thinksoft Global is a specialist in financial software testing with over 14-million person hour track records for Global 500 financial and insurance organisations in USA, UK, Europe, India and Asia-Pacific. Through its domain focus, structured testing methodologies, offshore delivery, and test automation expertise, Thinksoft helps clients realise ‘business ready software’, compress timelines, and reduce software product life cycle costs. In the last 14 years, Thinksoft Global has established a successful track record of handling large independent functional testing assignments. Thinksoft has established a global presence/ footprint in New York, London, Frankfurt, Singapore, Bangalore and Chennai. Thinksoft Global is the Winner of the Deloitte Tech Fast 50 India and Tech Fast 500 AsiaPac – 2006, 2007 and 2008. Thinksoft is ISO 9001:2000 certified for ‘Providing offshore testing and documentation services for the Banking, Financial Services, and Insurance verticals.

For further information, please contact:

Vaidyanathan N
Thinksoft Global Services Limited

Ph: +91 44 4392 3200

Email: vaidyanathan.n@thinksoftglobal.com

Yash Gadodia
Christensen Investor Relations

Ph: +91 22 64522086

Email: ygadodia@christensenir.com

Financial Highlights:

Consolidated revenue for the half year is Rs. 230.58 crores and for the Quarter ended September 30, 2011 is Rs.112.88 crores. Compared with the first half 2010-11 Rs. 201.60 crores and with second quarter 2010-11 Rs.104.66 crores, this represents an annualized growth rate of 14.38 % and 7.85 % respectively.

Consolidated EBIT for the half year is Rs. 39.19 crores and for the Quarter ended September 30, 2011 is Rs.17.66 crores.

Consolidated net profit for the half year is Rs. 20.87 crores and for the Quarter ended September 30, 2011 is Rs.10.61 crores.

As a result, the EPS (Diluted) for the half year ended is Rs. 13.10 and for the Quarter ended30th September, 2011is Rs.6.66.

Consolidated performance includes numbers standalone and for all subsidiaries of the Company for the quarter, including aurionPro Solutions Pte. Ltd., Singapore, Integro Technologies Pte Ltd, Singapore, Integro Technologies SDN. BHD, aurionPro Solutions INC, USA, Aurionpro SCM Inc, USA , aurionPro Solutions SPC, Bahrain, E2E Infotech Limited, UK, aurionPro Solutions (Hong Kong) Limited, Auroscient Outsourcing Limited, India, Aurofidel Outsourcing Limited, India, SENA Systems Pvt Ltd, India, aurionPro Solutions PTY Ltd, Australia, aurionPro SCM Pte Ltd, Singapore, Kairoleaf Analytics Pte Ltd, Singapore in the quarter ended 30th September, 2011.

Business & Operations Highlights:

The first six months of aurionPro’s fiscal year has included both strategic milestones that will benefit the Company in subsequent periods, as well as certain challenges due to increasingly strained economic conditions across geographies and industries. The significant challenges in the marketplace that are transpiring continue to have a short-term impact on aurionPro’s aggressive growth plans. To address these challenges,
strategic restructuring activities have been initiated to minimize the effect and to position aurionPro’s businesses more effectively for the future.

Commenting on the performance over the previous quarter, Banesh Prabhu, CEO and Chairman of the Board of aurionPro, said, “Although the economic conditions have slowed the growth targets of some of our Business Units, aurionPro continues to be recognized by our clients, partners, and industry analysts as a company that positively improves the efficiencies and competitiveness of our customers through the implementation of our technology solutions.”

In the first half of the year, aurionPro has demonstrated our commitment to the highest quality of delivery standards, achieving the SAS70 Type I certification for our Pune, India Software Delivery Center as well as the continuation of our ISO 9001:2008 certification. Independent auditors carried out the assessments and have provided both certifications.

aurionPro also initiated a new practice during the previous quarter, focused around application modernization. This team will be led by Bob Regan, who recently joined aurionPro after running mission critical functions at engineering and management levels for Barclays Capital, Lehman Brothers, Merrill Lynch and Bankers Trust. Bob most recently led one of the most complex and successful application modernization programs for a leading global Financial Services Institution, and brings over 20 years of IT experience to improve aurionPro’s clients’ efficiencies and competitiveness through the replacement of aging and uneconomical infrastructure.

All aurionPro business units continue to be extremely active with their respective partners and several key co-marketing events have been executed successfully during the last quarter. One highlight was co-sponsoring the Barclays FedEx Cup event in Edison, NJ in August. Participation in this event, which also benefited local charities, was a way to show our appreciation to our customers and partners by providing them with six days of world-class golf. Two new partnerships have also been initiated recently, with EMC and with Salesforce.com, both of which will enable aurionPro to increase the breadth of our services offered while extending our reach into larger customer sets through co-positioning activities.
aurionPro restructured some of the businesses in the Middle East in Bahrain and handled the related financial implications of the recent turmoil by moving key portions of project delivery to India to continue to support clients most effectively.

aurionPro’s Supply Chain Management Business Unit has also made significant investments in a partner-driven initiative over the last 2 quarters. During that time they have successfully replatformed the SCM Profit product line, an industry-leading suite of supply chain management solutions, on to the Microsoft Windows Azure Platform. The Microsoft cloud capabilities provides global scale and reach while enabling aurionPro’s Product Development team with the ability to quickly deploy new business capabilities. This groundbreaking logistics solution is being adopted by many of our existing customers, many of whom will have migrated over to the new version before the end of 2011. aurionPro will continue to invest in our partnership with Microsoft and have aggressive plans to continually add new capabilities to the product suite in the cloud. Along with the new Azure cloud-based solution, aurionPro has also released a “track & trace” app for the iPhone that can be downloaded free by all of the product’s users. Focus on providing the best business solutions on top of leading-edge technology platforms will enable aurionPro to continue to provide the most innovative and cost-effective solutions to our client base.

During the period, the Coal Division contributed 58% revenue while Dry Bulk contributed 22%; Tanker 10%; Dredging 5% and Offshore Division 5%.

The coal volumes are expected to further improve in the coming quarters. The recent coal mine acquired in Indonesia would commence commercial operations in the last quarter of FY12.

The Oil and Gas Division has successfully commissioned FPU unit in Nigeria and the operations are doing well as per schedule. Exploration activities of two onshore oil blocks in Gujarat are on schedule.

Backed by a good order book, the Dredging Division is doing well and to meet the increased capacity requirement, Mercator has recently added a Cutter Suction Dredger and a TSH Dredger.

The oversupply in tonnage in all the segments continued to affect the operations of the Shipping Division and the earnings were further impacted as the bunker rate of heavy fuel oil increased.

About Mercator Lines Ltd.

Mercator Lines Limited has global presence through its subsidiaries. The group has diversified interests in Shipping (Tankers & Bulk Carriers), Dredgers, Offshore (Oil& Gas and E&P), Coal Mining & Procurement and Logistics. Mercator Group owns or operates a fleet of 18 dry carriers; 8 tankers and 6 dredgers in addition to 1 MOPU and 1 FSO. The Group also owns Coal mining concessions in Indonesia & Mozambique and has right to explore, develop and produce Oil and Gas from two onshore oil blocks in the Cambay basin in Gujarat under NELP VII.

Media Contact
Girija Balan, Pressman PR
Tel: +91 22 22188880, Cell : 09821736716
Email: pr@pressmanindia.com

“Stepping into the next Quarter, we expect to maintain and increase the robust response that we have been receiving from our users year after year. We will continue to formulate and design inventive and exciting features which will better align us to the market trends and thereby enhance our growth in terms of profitability and efficiencies to serve our users worldwide”, concludes Mr. Kajaria.

About 123Greetings:
123Greetings is the world’s leading online destination for human expressions reaching over 91 million unique users annually. Drawing from its tag line “Giving Life to your Expressions” the service inculcates a sense of personalization that relates to the users on an emotional level. Its offering of over 20,000 greeting cards covers a mix of 3,000 seasonal & everyday categories. Its applications & widgets for social networks & blogs allow users ubiquitous access across multiple devices and platforms.
About IntraSoft Technologies Limited:
IntraSoft Technologies Limited owns and operates http://www.123greetings.com, one of the most visited electronic greeting cards website in the world. The Company operates through its wholly owned subsidiaries in various geographies, which are 123Greetings.com, lnc. (USA), One Two Three Greetings (India) Pvt. Ltd. (India) & 123Greetings (Singapore) Pte Ltd. (Singapore).

Q2 FY2012 Total Revenues up 13% at Rs 1,445.4 million
Q2 FY2012 PAT up 24% at Rs 156.6 million
Total volumes in Q2FY2012 at 3.08 million cases

Q2 FY2012 FINANCIAL HIGHLIGHTS: (All comparisons with Q2 FY2011 Figures)
Healthy growth rate in Q2FY2012
o Volume growth of 11% to 3.08 million cases in Q2 FY2012
o Total revenues at Rs Rs 1,445.4 million, increased by 13.0% from Rs 1,279.3 million, driven by higher price realizations and increased volume growth
o EBIDTA at Rs 420.7 million from Rs 365.3 million, registering an increase of 15.2%
 Higher price realizations achieved on account of premium products featured in the diversified product portfolio
 Bottling initiatives yielded significant contributions to the earnings whilst providing a hedge against increasing glass prices
o PAT reported at Rs 156.6 million, a growth of 24.1% from Rs 126.1 million
o Basic EPS at Rs 1.36 from Rs 1.30

H1 FY2012 FINANCIAL HIGHLIGHTS: (All comparisons with H1 FY2011 Figures)

o Volume growth of 15% to 5.62 million cases in H1 FY2012
o Total revenues at Rs 2,516.6 million, increased by 18.6% from Rs 2,122.5 million
o EBIDTA at Rs 643.4 million from Rs 533.7 million, registering an increase of 20.6%
o PAT reported at Rs 180.6 million from Rs 170.8 million
o Basic EPS at Rs 1.57 from Rs 1.76

OPERATIONAL PERFORMANCE HIGHLIGHTS:
o Total number of cases sold:
 Q2 FY2012 at 3.08 million compared to 2.78 million in Q2FY2011
 H1 FY2012 at 5.62 million compared to 4.90 million in H1 FY2011
o Volumes witnessed a healthy growth due to;
 Strategic allocation of brands in the premium and semi-premium category catering to demands of consumers with differing wallet share
 Millionaire brands namely ‘Mansion House’ Brandy and ‘Madira’ Rum continue to display an upward trend
 Continued success of brands in CSD, is a prominent contributor to growth registered during the quarter
 TI registered 15% increase in volumes delivered during H1 FY12, although further potential growth was affected due to instability in political climate of key markets of the Company i.e Andhra Pradesh and Tamil Nadu

Commenting on these results, Mr. Amit Dahanukar, Chairman & Managing Director, Tilaknagar Industries Ltd, said: “Our performance this quarter reflects the resilience of our business model and strategies, that we as a team, have strived for. Our volume growth witnessed a healthy increase during the quarter led by a diversified brand portfolio, a strategic price-mix effect and our commitment to enhance our geographic presence across the country. In line with this philosophy, was our recent acquisition of ‘Punjab Expo’. We believe this is an apt addition to our manufacturing capabilities creating opportunities to extend our presence in North India. We witnessed healthy topline growth this quarter, driven by our efforts to prioritize our resources towards premium products which have translated into higher realizations.
Moreover, our ‘Family Shaped’ bottling initiative which had taken root in the past few quarters has enabled us to create enhanced value for our business. We believe, with the rising input costs, especially glass, this prudent investment has helped us to mitigate the impact of such challenges.
Going ahead, we expect to see higher levels of benefits from such initiatives and we remain optimistic of our capabilities to weather the current headwinds of inflationary pressures, whilst establishing a prominent market presence, incremental earnings and a fortified brand TI.”
Commenting on these results, Mr. Lalit Sethi, Chief Financial Officer, Tilaknagar Industries Ltd, said: “I am pleased to present TI’s results for the second quarter. Our financial metrics, in this period, reflect the positive impact of our investments and strategic initiatives. Volume growth witnessed during the quarter is on the back of the varied brand bouquet, our focus on premiumisation and healthy performance delivered from the CSD segment.
While higher realizations from the premium segment have driven our topline growth, benefits from our bottling initiative have resulted in higher savings, this quarter. While mindful of the macro environment factors, we continue to carefully manage our expenses with the eventual focus on profitable growth.
With strong operational capacities and commitment to expand brand TI, we believe the Company is well poised to grow its market share and capitalize the opportunities that the alcobev sector offers.”
OUTLOOK:
 TI is strategically aligned to capture the growth momentum in the IMFL industry
o The IMFL industry is poised to continue its upward growth on account of factors such as :
 Rise in personal disposable income and increasing consumer base
 Favorable demographics for alcohol consumption with a large section of India’s population within the legal drinking age
o TI’s diverse brand portfolio featuring brands at the premium and semi-premium price points are well placed to convert the expanding IMFL market segment into earnings
 Millionaire brands- ‘Mansion House’ brandy and ‘Madira’ rum will continue to gain traction
 Price hike on ‘Mansion House’ brandy in Karnataka to deliver higher earnings in line with volume growth
o CSD segment to continue witnessing traction
 Price hikes taken by the Company in the CSD Segment with effect from Nov 2011, the benefits of the same will be visible in H2 FY12
o Concerted efforts to expand presence pan India
 Acquisition of ‘Punjab Expo’ is a step further in expanding TI’s market presence in the Northern segments in India
 Recently commissioned grain based facility, capable of producing superior quality of alcohol, minimizes TI’s exposure to volatile molasses prices
o In the coming quarters, with higher capacity utilization, economies of scale are expected to offset overhead costs, interest and depreciation
 Investments in Family Shaped bottles are generating cost savings in an environment where glass prices are rapidly increasing. Further benefits are expected to accrue in H2FY12
 The Company is optimistic of its performance for the remainder of the year
o H2 is normally characterized with higher levels of growth patterns for given TI’s product profile
o Committed efforts to increase ‘premiumisation’ of the brand portfolio
o Benefits of price increase taken on Mansion House Brandy (in Karnataka) and CSD Segment coupled with savings from the Family Shaped bottling initiative to be more visible in H2 as volumes further increase
 Overall, with well defined strategies which incorporate growth aligned to macro environment factors, TI is well equipped to deliver sustainable long term earnings and profitability
o The industry continues to witness certain headwinds related to inflationary pressures, rising packaging costs especially glass, hike in excise duties and taxes along with political instability in the Southern states

TILAKNAGAR INDUSTRIES LTD (TI): BRIEF OVERVIEW
Tilaknagar Industries is a well-established player in the expanding Indian Made Foreign Liquor (IMFL) industry in India. TI’s expansive brand portfolio comprises of over 40 brands catering different price points. TI has engineered the creation of two millionaire brands, ‘Mansion House’ brandy and ‘Madira’ Rum which according to Euromonitor, was recognized as the fastest growing domestic brands.

Besides popular In-house brands, TI has acquired 7 more brands from the Alcobev Industry to broaden its brand bouquet and expand its reach in different market geographies. These brands are also registered with CSD and also sold in the Northern markets.

The Company has 32 manufacturing facilities spread across India which it operates through 1 owned, 4 subsidiaries, 7 lease arrangements and 20 tie-up arrangements. Its primary manufacturing facility is in Shrirampur, Maharashtra with an installed capacity of 100 KLPD including a new 50 KLPD molasses based distillation plant commissioned in October 2009. The Company commenced commercial production at its new grain based distillery of 100 KLPD. The Company recently acquired ‘Punjab Expo Breveries Private Limited’ (Punjab Expo), in October 2011, with a bottling capacity of 50,000 units.

TI has successfully evolved over the years to be a dominant player in the Southern Indian states including Andhra Pradesh, Kerala and Tamil Nadu. TI consistently introduces brands to cater to the needs of different segments of society.

About Tilaknagar Industries Ltd (TI)
Tilaknagar Industries Ltd (BSE: 507205 / NSE: TI) is one of the renowned Indian Made Foreign Liquor players (including whisky, brandy, gin, rum and vodka) with presence across India. The Company manufactures, markets and sells more than 40 brands across all price points. TI’s subsidiaries are Prag Distillery (P) Ltd, Vahni Distilleries (P) Ltd, Kesarval Springs Distillers (P) Ltd and Punjab Expo Breveries Private Limited. The Company exports its products to Western Africa, the Middle East, the Far East and Caribbean countries.

For H1 FY12

·         Net sales increased by 65.08 % to Rs.165.39 cr.

·         PAT increased by 32.33 % to Rs.18.73 cr.

For Q2 FY12

·         Net sales increased by 33.62 % to Rs.84.79 cr.

·         PAT increased by 9.91 % to Rs.10.36 cr.

Mumbai, November 09, 2011: Kavveri Telecom, a leading wireless subsystem manufacturer, which provides world class hardware products and solutions for the telecom, defence and space industry today reported its stand alone half yearly profit & revenue numbers with a 65.08% rise in revenue and a 32.33% jump in the net profit for the half year ended September 30, 2011 when compared to corresponding period of previous year.

While the company saw its stand alone net profit touching Rs. 10.36 cr for the second quarter, which is a Rs. 0.93 cr rise over the corresponding period last year, its net sales increased by nearly 33.62% to Rs. 84.79 cr for the same quarter.

The stand alone revenue for the half year ended on September 30, 2011 also rose by 65.08% from Rs. 100.18 Cr to Rs. 165.39 Cr during the corresponding period of the previous year. Net Profit during the half year increased significantly by 32.33% from Rs. 14.15 Cr to Rs. 18.73 Cr during the corresponding period in the last fiscal.

Mr. Shivakumar Reddy, Managing Director, Kavveri Telecom Products Limited stated that, “We are extremely pleased with our performance. With the completion of the European acquisition, we certainly look forward for a promising growth in the current fiscal. We thank our shareholders for their continuous support and look forward to receive the same in future.”

About Kavveri Telecom Products Ltd.

Kavveri Telecom is a leading telecom products manufacturer, providing world class hardware products and solutions for the telecom, defence and space industry. Kavveri Telecom combines expertise with experience to deliver state-of-art products and solutions spanning the wide spectrum of wireless Telecommunications. The diverse range of products manufactured by Kavveri includes Antennas, RF (Radio Frequency) Components, Repeaters, TMA/TMB and many more.

Kavveri Telecom ranked No. 22 in “India’s Fastest Growing Companies” by Business World.

In past four years Kavveri Telecom has acquired four different RF products and Antennas manufacturing companies in North America and has made them run successfully, these are:

Tiltek Antennae Inc: Acquired in 2006 designs, develops and manufactures Antenna for GSM, 3G, LTE and Wireless technologies.

DCI Digital Communications: Acquired in 2007, it designs, develops and manufactures RF products for different wireless technologies.

Soptwave Wireless Ltd: Acquired in 2008, it designs, develops and manufactures Intelligent repeaters for in-building solution for GSM, 3G, LTE Technologies.

Trackcom Systems International: Acquired in 2009, it designs, develops RF products and antennas for defence and space applications.

For any further Information:
Ketan Sawant
M: 9892787586 / 8898887633
D: 022 40558961
E: ketan@conceptpr.com

For the half year ended 30th September 2011 Nitin Fire Protection Industries Limited Consolidated Total Income stood at Rs.307.56 crores (Rs.245.59 crores) while Consolidated Net Profit jumped by nearly 75% to Rs.40.85 crores (Rs.23.40 crores). The Earnings Per Share (face value: Rs.2 per share) for the half year period stood at Rs.1.85 (Rs.1.06).

For the second quarter ended 30th September 2011, the Company has posted a Consolidated Total Income of Rs.145.95 crores (Rs.155.79 crores) while its Consolidated Net Profit for the quarter registered a sharp increase of 25% to Rs.17.21 crores (Rs.13.76 crores). Export Sales accounted for over 81% of the Total Sales during the quarter. The Earnings Per Share (face value: Rs.2 per share) for the quarter stood at Rs.0.78 (Rs.0.62).

The company has sound financials and as at 30th September 2011, its Reserves and Surplus stood at Rs.87.84 crores on an Equity Share capital of Rs.44.11 crores.

Media Contact

Girija Balan, Pressman PR

Tel: +91 22 22188880, Cell : 09821736716

Email: pr@pressmanindia.com

During the first quarter of the current year, the Company’s consolidated Sales grew by 80% to Rs. 161.45 crores (Rs.89.72 crores) while the consolidated Net Profit increased by 145.8% and stood at Rs.23.64 crores (Rs.9.63 crores).

The Company has registered significant growth in both domestic as well as international markets, particularly in Muscat, UAE and Far East. During the first quarter the company’s domestic sales grew by 32.2% to Rs.42.1 crores (Rs.31.8 crores) while the international business, jumped by 106% to Rs.119.3 crores (Rs.57.9 crores).

Media Vontact

Girija
Pressman PR
2218 8880
9821736716

MphasiS Consolidated Results for the Quarter ended 31 July 2011

 Q3 FY11 Revenue ` 1,294 crores, up by 2.9% (Sequential growth)

Bangalore, 24 August 2011; MphasiS, a leading IT Services Company, today announced its financial results for the third quarter ended 31 July 2011. Consolidated revenue for the quarter ended 31 July 2011 was Rs  1,294 crores ($ 290 million), an increase of 2.9% compared to Rs 1,257 crores ($ 282 million) in the previous quarter. In dollar terms also the increase in revenue was 2.9%. Operating and net margins for the quarter ended 31 July 2011 were 16.0% and 15.1% respectively. EPS for the quarter was Rs 9.28.

MphasiS’ consolidated revenues grew by 1.1% to Rs 1,294 crores for the quarter ended 31 July 2011 from Rs  1,279 crores for the corresponding quarter in the previous year. In dollar terms revenues grew by 5.1% from $ 276 million to $ 290 million. Operating profit was at Rs 208 crores ($ 47 million) compared to Rs 276 crores ($ 59 million) reported for the same period a year ago.

Cash and cash equivalents increased by Rs 165 crores during the quarter to reach Rs 2,029 crores ($ 459 million). 27 clients were added during the quarter with 18 of them being in the direct channel.

“Uncertainty in the external market requires a company that is adaptive. That is exactly what we did in 2009. MphasiS stayed close to customers with sustained focus on augmenting value. That will be our Mantra” said Ganesh Ayyar, Chief Executive Officer, MphasiS.

Performance highlights

Revenue breakdown per vertical:

Banking & Capital Market:

 BCM business reported total revenue of Rs 318 crores (Previous quarter – Rs 337 crores). Contributed 25% of total group revenue.

 6 clients added during the quarter.

Insurance:

 Insurance business reported total revenue of Rs 121 crores (Previous quarter – Rs 124 crores). Contributed 9% of total group revenue.

 1 client added during the quarter.

Information Technology, Communication, Media & Entertainment:

 Information Technology, Communication, Media & Entertainment vertical reported total revenue of Rs 384 crores (Previous quarter – Rs 327 crores). Contributed 30% of total group revenue.

 7 clients added during the quarter.

Emerging Industries:

 Emerging Industries vertical reported total revenue of Rs 458 crores (Previous quarter – Rs 458 crores). Contributed 36% of total group revenue.

 13 clients added during the quarter.

About MphasiS

MphasiS is a $1 billion global service provider, delivering technology based solutions to clients across  the world. With currently over 41,000 employees, MphasiS services clients in Banking and Capital  Markets, Insurance, Manufacturing, Communications, Media & Entertainment, Healthcare & Life  Sciences, Transportation & Logistics, Retail & Consumer Packaged Goods, Energy & Utilities and  Governments around the world. Our competency lies in our ability to offer integrated service offerings  in Applications, Infrastructure Services and Business Process Outsourcing capabilities. We are  uniquely positioned to offer our clients the highest level of expertise and competitive costs. To know more about MphasiS, log on to www.mphasis.com

For further information please contact

Deepa Nagraj

MphasiS Corporate Communications

Mobile: +91 9845256283

Email: Deepa.Nagraj@mphasis.com

Click here to view the results

Click here to view the quarterly investor presentation

Aditya Birla Nuvo Limited (ABNL), a US$ 4 billion conglomerate, which has a leadership position across its businesses, reports robust earnings growth.

• Revenue grew by 24 per cent from Rs. 3,857 crore to Rs. 4,767 crore
• Strong growth in EBITDA for the 10th consecutive quarter
• Net profit surged by 70 per cent from Rs. 149 Crore to Rs. 253 Crore

Rs. crore
Consolidated results	Quarter 1
	2011-12	2010-11
Revenue	4,767	3,857	24%
EBITDA	808	556	45%
Net profit	253	149	70%

Dr Rakesh Jain, Managing Director, said, “Aditya Birla Nuvo continued its profitable growth journey having strengthened market positioning and delivered robust growth across its businesses. We remain focused to capture opportunities across the businesses to achieve the next higher level of growth.”

Mr Sushil Agarwal, Whole Time Director and CFO, said, “Continuous pursuit of profitable growth across the businesses is reflecting in the strong financial results. Earnings displayed strong growth trend for the 10th consecutive quarter. We are committed to maintain this trend of superior performance while creating value for all the stakeholders.”

Business-wise Review:

A) Financial Services

The Indian financial services industry is witnessing a phase of rapid evolution driven by regulatory changes and uncertain markets. Through this phase, Aditya Birla Financial Services (ABFS) continues to strengthen its position as a significant non-bank financial services player. Today ABFS is one of the two non bank players in India which rank among the top seven players in both life insurance and asset management businesses. Trusted by about 5.5 million customers and anchored by about 15,000 employees, ABFS has a nation-wide reach with more than 1,700 points of presence and about 200,000 channel partners.

During the quarter, ABFS posted consolidated revenue at Rs.1,330 crore, a growth of 4 per cent over the previous year. However, ABFS displayed a strong growth in profitability. Earnings before tax grew 2.5 times from Rs.78 Crore to Rs.177 crore. It’s combined Assets under Management (AUM) stood at Rs.92,259 crore (about US$20.5 billion). Business-wise highlights follow:

• Birla Sun Life Insurance (BSLI) :
  • Earnings before tax of BSLI surged year on year from Rs.9 Crore to Rs.144 Crore. Bottom-line growth was driven by the growing size of in-force book, balanced product mix, lower new business strain and better expense management.
  • While the private sector’s weighted new business premium de-grew year on year by 39 per cent, BSLI reported the 2nd lowest de-growth among the top seven private life insurers. ULIP sales were impacted across the industry post new guidelines which became effective from 1st September 2010.
  • BSLI moved one step up to the 5th place among private sector players in terms of new business with an improved market share of 8.8 per cent up from 8.1 per cent in the first quarter of the previous year.
  • The gross premium income of BSLI grew to Rs.1,183 crore.
    • Driven by strong persistency, the renewal premium of BSLI is up by 29 per cent to Rs.860 crore.
    • The 13th month premium persistency ratio stood at 83 per cent as on 30th June 2011.
    • The new business premium income at Rs.322 crore de-grew due to lower ULIP sales.
    • However, non-ULIP portfolio has been strengthened; it has contributed to 47 per cent of the individual new business compared to 8 per cent in the first quarter of the previous year.
  • AUM of BSLI scaled up year on year by 19 per cent to Rs.19,984 crore.
  • No capital infusion was required during the quarter.
  • The Embedded Value (“EV”) of BSLI has increased from Rs.3,816 crore as at 31st March, 2010 to   Rs.4,108 crore as at 31st March, 2011. EV reflects the value of future profits embedded in the in-force policies written by the life insurance company. The Value of New Business (“VNB”) margin, a measure used for gauging profitability of new business, has increased to 27.5 per cent for the financial year 2010-11 up from 22.5 per cent for the financial year 2009-10.
• Birla Sun Life Asset Management (BSAMC) :
  • BSAMC posted revenue at Rs.85 Crore and earnings before tax at Rs.30 crore.
  • The total average AUM (AAUM) grew quarter on quarter by 6 per cent to Rs.71,394 crore.
  • BSAMC ranks 5th in India with a market share of 9.1 per cent in terms of domestic AAUM. It achieved 3rd highest growth quarter on quarter among the top 5 players.
  • Equity AAUM (Including offshore) and alternate assets stood at Rs.15,349 crore. It garnered 18 per cent share in industry’s net equity sales.
  • It has the highest number of funds in the 5 star category, reflecting its philosophy of delivering superior investment performance consistently.
• Aditya Birla Finance (ABFL) :
  • The closing book size of ABFL, the NBFC arm, rose year-on-year by 77 per cent to around Rs.1,975 crore.
  • Revenue more than doubled to Rs.60 crore in line with growth in book size.
  • Earnings before tax at Rs.10 crore remained flat due to increase in the cost of funds.
• Aditya Birla Private Equity (ABPE) :
  • ABPE is targeting the first closure of “Sunrise Fund” – its 2nd private equity fund in August 2011.
• Aditya Birla Money and Aditya Birla Money Mart (Broking and Wealth Management) :
  • In both the businesses, losses were reduced quarter on quarter.
  • Aditya Birla Money Mart is amongst the top mutual fund distributors in the country, the largest corporate agent for Birla Sun Life Insurance and a significant player in wealth management.
  • Retail market share of Aditya Birla Money in the cash segment enhanced quarter on quarter. Market share in the commodities segment has also increased.
  • Aditya Birla Insurance brokers, the general insurance advisory arm, wrote a premium of Rs.84 crore.

B) Telecom :

• A strong 32 per cent year on year growth in total minutes on the network drove earnings growth, absorbing about 6 per cent decline in average revenue per minute.
• Revenue rose by 24 per cent to Rs.4,516 crore and EBITDA soared by 35 per cent to Rs.1,225 crore.
• Scale benefit led cost efficiencies and rising revenue market share also contributed.
• Net profit de-grew from Rs.201 crore to Rs.177 crore. With the introduction of 3G services, additional expenses of amortisation of 3G spectrum fee (Rs.66 crore) and charging of related interest cost  (Rs. 123 crore) has impacted profits.
• With total minutes of usage of 1.2 billion per day, Idea is among the top 10 operators in the world.
• Idea ranks 3rd in India in terms of wireless revenue market share at 13.6 per cent during January – March 2011 up from 13.3 per cent in the previous quarter.
• Idea has the highest active subscribers’ ratio in the industry at 92 per cent as on 31st May 2011 and is the leading net subscribers’ gainer post launch of mobile number portability, reflecting its brand strength.
• Idea currently offers 3G services in 19 service areas.
• Idea is serving a large base of more than 95 million subscribers as on 30th June 2011.

C) Fashion & Lifestyle :

• Madura Fashion & Lifestyle, the largest premium branded apparel player in India, achieved a robust 39 per cent year on year growth in revenue at Rs.484 crore.
• Madura posted a strong 39 per cent volume growth despite the rise in apparel prices. Apparel prices were increased to pass on rise in cotton prices and levy of excise duty.
• EBITDA grew by 27 per cent to Rs. 24 crore. Increase in volumes and prices compensated for cost push and higher discounting.
• The retail channel attained 43 per cent growth driven by same stores sales growth and expanded retail space. Like to like stores sales grew year on year by 16 per cent.
• Madura launched 70 Exclusive Brand Outlets (EBOs) to reach 948 EBOs spanning across 1.4 million square feet.

D) IT-ITeS :

• Aditya Birla Minacs has recently been named among the ‘top five emerging outsourcers to watch out for in North America’ by Frost and Sullivan.
• It sold Total Contract Value of US$128 million and won three new clients during the quarter.
• Revenue grew year on year by 21 per cent to Rs.471 crore supported by conversion of order book.
• About 800 headcounts were added to support growth.
• In the direction of diversifying geographical presence, Aditya Birla Minacs added one more centre in Philippines with a capacity of 285 seats.
• EBITDA remained flat at Rs.35 crore as the rise in manpower costs and ramp up expenses for new contracts contained profitability.

E) Manufacturing :

• Manufacturing businesses posted strong growth in revenue and profitability
• The combined revenue scaled up by 43 per cent to Rs.1,392 crore
• EBITDA grew by 21 per cent from Rs.172 crore to Rs.208 crore.
• Operating margin stood at 15% and return on average capital employed (ROACE) at 25 per cent.
• In the Textiles business, strong volume growth in the linen segment and improved realisation across all the segments augmented earnings growth.
• A 32 per cent volume growth and higher power sales in the Carbon Blackbusiness also contributed.
• Higher urea and agri-input sales in the Agri-business supported earnings growth. In first quarter of the previous year, the urea plant was under an annual maintenance shut-down for 21 days.
• In the Rayon and Insulators businesses, higher input and fuel costs were partly set off by increase in realisation.

Financial Position

• ABNL has a strong standalone balance sheet with Net Debt to Equity at 0.57 and Net Debt to EBITDA at 3.2.

About Aditya Birla Nuvo Ltd.

Aditya Birla Nuvo is a US$4 billion conglomerate. Over the years, it has built successful ventures into the sunrise sectors viz., Financial Services (Life Insurance, Asset Management, NBFC, Private Equity, Broking, Wealth Management and general insurance advisory), Telecom, Fashion and Lifestyle and IT-ITeS. The razor sharp focus on manufacturing businesses has made it a leading player in Agri-business, Carbon Black, Insulators, Rayon and Textiles sectors.

Aditya Birla Nuvo is part of the Aditya Birla Group, a US$35 billion Indian business group having multinational presence. The group operates in 33 countries across the globe, is anchored by an extraordinary force of 133,000 employees belonging to 42 nationalities and derives more than 60 per cent of its revenue from its overseas operations.

Vision 
To become a premium conglomerate with market leadership across businesses, delivering superior value to shareholders on a sustained basis.

Certain statements in this  “Press Release” may not be based on historical information or facts and may be “forward looking statements” within the meaning of applicable securities laws and regulations, including, but not limited to, those relating to general business plans & strategy of the Company, its future outlook & growth prospects, future developments in its businesses, its competitive & regulatory environment and management’s current views & assumptions which may not remain constant due to risks and uncertainties. Actual results could differ materially from those expressed or implied. Important factors that could make a difference to the Company’s operations include global and Indian demand supply conditions, finished goods prices, feed stock availability and prices, cyclical demand and pricing in the Company’s principal markets, changes in Government regulations, tax regimes, competitors actions, economic developments within India and the countries within which the company conducts business and other factors such as litigation and labour negotiations. The Company assume no responsibility to publicly amend, modify or revise any statement, on the basis of any subsequent development, information or events, or otherwise. This  “Press Release” does not constitute a prospectus, offering circular or offering memorandum or an offer to acquire any shares and should not be considered as a recommendation that any investor should subscribe for or purchase any of the Company’s shares. The financial figures in this “Press Release” have been rounded off to the nearest Rs.one Crore. For currency conversion, one USD is considered to be equal to Rs.45. The financial results are consolidated financials unless otherwise specified.

Go to Source

Mumbai, 4th August, 2011: Financial Software testing pioneers, Thinksoft Global Services Ltd. (BSE: 533121) (NSE: THINKSOFT), announced its Q1 FY 2011 – 12 results on 29th July. Thinksoft Global Services is a specialist in financial and banking software testing services, and is the only listed independent testing service provider in India. The results are available on the company’s website, http://www.thinksoftglobal.com.

PERFORMANCE HIGHLIGHTS

Consolidated Quarter Review

Q1 FY12 (April 2011 – June 2011) v/s Q1 FY11 (April 2010 – June 2010)

Net sales increased by 43% to Rs. 28.2 crore from Rs. 19.8 crore
EBITDA margins at 10.3% improved by 770 bps
Net Profit after Tax at Rs. 1.8 crore; up by 146% compared to Rs. 0.7 crore
Basic Earnings Per Share (EPS) was Rs. 1.81 compared to Rs. 0.74

Commenting on the company’s performance, Mr. A V Asvini Kumar, Chairman & Managing Director, Thinksoft Global, said, “We are happy to have posted good results for this quarter after two years of flat revenues. We see a strong momentum in BFSI Testing space and we hope to leverage this in the coming quarters.”
Thinksoft Global is a specialist in financial software testing with over 14-million person hour track record for Global 500 financial and insurance organisations in USA, UK, Europe, India and Asia-Pacific. Through its domain focus, structured testing methodologies, offshore delivery, and test automation expertise, Thinksoft helps clients realise ‘business ready software’, compress timelines, and reduce software product life cycle costs. In the last 14 years.

Thinksoft Global has established a successful track record of handling large independent functional testing assignments. Thinksoft has established a global presence/ footprint in New York, London, Frankfurt, Singapore, Bangalore and Chennai. Thinksoft Global is the Winner of the Deloitte Tech Fast 50 India and Tech Fast 500 AsiaPac – 2006, 2007 and 2008. Thinksoft is ISO 9001:2000 certified for ‘Providing offshore testing and documentation services for the Banking, Financial Services, and Insurance verticals.
For further information, please contact:

Vaidyanathan N

Thinksoft Global Services Limited

Ph: +91 44 4392 3200

Email: vaidyanathan.n@thinksoftglobal.com

Sify Technologies to report unaudited financial results
for the First Quarter of 2011-12 on Friday, July 29, 2011

Chennai, India. Friday, July 22, 2011: Sify Technologies Limited (Nasdaq NM: SIFY), a leader in Managed Enterprise, Network and IT Services in India with global delivery capabilities and a pioneer in consumer internet services, announced that it will report its unaudited IFRS financial results for the first quarter of fiscal year 2011-12 ended June 30, 2011 on Friday, July 29, 2011 before the market opens. 

On the same day, Sify will host a conference call at 8:30 AM ET hosted by Mr. Raju Vegesna, Chairman of the Board and Chief Executive Officer and Mr. MP Vijay Kumar, Chief Financial Officer.

Interested parties may participate in the conference call by dialing 877-407-8031 (Toll Free in the U.S. or Canada) or +1-201-689-8031 (international), which will also be simultaneously broadcast live over the Internet at www.sifycorp.com or http://www.investorcalendar.com. Please allow extra time prior to the call to visit the site and download the streaming media software required to listen to the Internet broadcast.

The online archive of the Web cast will be available shortly after the conference call, or investors can listen to the replay by dialing 877-660-6853  (Toll Free in the U.S. or Canada) or +1- 201-612-7415  (international) and entering account number 286 and conference ID number 376056. Please allow for some time post conference call to access the archive of the Web cast. The replay is available until 11:59 PM of August 03, 2011

About Sify Technologies

Sify is among the largest Managed Enterprise, Network and IT Services companies in India, offering end-to-end solutions with a comprehensive range of products delivered over a common telecom data network infrastructure reaching more than 667 cities and towns in India.

A significant part of the company’s revenue is derived from Corporate Services, which include corporate connectivity, network and communications solutions, security, network management services, enterprise applications and hosting. Sify is a recognized ISO 9001:2008 certified service provider for network operations, data center operations and customer support, and for provisioning of VPNs, Internet bandwidth, VoIP solutions and integrated security solutions, and ISO / IEC 20000 – 1:2005 and ISO/IEC 27001:2005 certified for Internet Data Center operations. Sify has also established a credible reputation in the emerging Cloud Computing market and is today regarded as a thought leader in the domain. Sify has licenses to operate NLD (National Long Distance) and ILD (International Long Distance) services and offers VoIP back haul to long distance subscriber telephony services. The company is India’s first enterprise managed services provider to launch a Security Operations Center (SOC) to deliver managed security services.

Sify also caters to global markets in the specialized domains of eLearning Services and Remote Infrastructure Management Services.

Sify Software was established with the cumulative experience gained over the last decade in Infrastructure Management, Data centre Operations and the business of Connectivity. It aims to be a solutions company that provides applications and services to improve business efficiencies of its current clients and prospect client bases.

Consumer services include broadband home access and the ePort cyber café chain across more than 243 cities and towns in India. Very recently, Sify also introduced a whole host of services for the retail consumer on the Consumer cloud platform, thereby becoming among the first to do so in India. The consumer services also operate two of the most popular portals in India, Sify.com and Samachar.com.

For more information about Sify, visit www.sifycorp.com.

Forward Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  The forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Sify undertakes no duty to update any forward-looking statements.

For a discussion of the risks associated with Sify’s business, please see the discussion under the caption “Risk Factors” in the company’s Annual Report on Form 20-F for the year ended March 31, 2010, which has been filed with the United States Securities and Exchange Commission and is available by accessing the database maintained by the SEC at www.sec.gov, and Sify’s other reports filed with the SEC.

For further information, please contact

MAINTAINS LEADERSHIP IN A SIX PLAYER MARKET

AVERAGE REVENUE PER USER MAINTAINED AT Rs.150, DESPITE HIGHER BASE

SUBSCRIBER ACQUISITION COST DOWN TO AN ALL TIME LOW OF Rs. 2,058

EBITDA MARGIN FURTHER STRENGTHENS AT 24.4%.

Highlights

v Dish TV added 725 thousand new subscribers in the first quarter achieving a total of 11.2 million gross and 8.9 million net subscribers at the end of the period.

v High Definition (HD) activations witnessed a marginal slow down, as anticipated, post the Cricket World Cup. However, expected to pick up as new HD content is added to the platform.

v 5 new High Definition channels including ‘National Geographic Adventure’ and ‘Baby TV’ from the ‘Fox Network’ added to the platform recently, augmenting the HD offering to 40 channels.

v Subscriber acquisition cost declined substantially to a historical low of Rs. 2,058.

v Net loss continued downward spiral; reduced to Rs. 183 million for the quarter.

NOIDA, India; July 20, 2011 – Dish TV India Limited (Dishtv) (BSE: 532839, NSE: DISHTV) today reported first quarter fiscal 2012 standalone revenues of Rs.4,604 million, representing a 51% growth over the corresponding period last fiscal. The EBITDA for the quarter stood at Rs. 1,122 million, compared to Rs. 322 million in the corresponding quarter last fiscal. EBITDA margin recorded at 24.4 %. Net loss reduced to Rs. 183 million compared to Rs. 631 million in the first quarter last fiscal.

The Board of Directors in its meeting held today, has approved and taken on record the unaudited standalone financial results of Dish TV for the quarter ended on June 30, 2011.

Mr. Subhash Chandra, Chairman, Dish TV India Limited, said, “With digital quality catching the fancy of the Indian television viewer, DTH penetration in the country continues to grow at a smart clip. Dish TV maintained its leadership with a 25% incremental market share. Going forward, consistent revenue momentum is expected due to strong subscriber additions done last year.”

Mr. Jawahar Goel, Managing Director, Dish TV, said, “Dish TV remains committed to be the platform of choice for television viewing for the Indian consumer. With constant upgradation of content and technology, Dish TV has maintained its leadership in a hyper-competitive six player market and would strive to maintain it as the category expands.”

Commenting on the overall performance, Mr. Goel said, “Key operating metrics continued to be in line with expectations. Subscriber acquisition cost for the quarter was down to Rs. 2,058 however, as expected, churn recorded a marginal upward movement to close at 1.1% per month compared to 1% in the immediately preceding quarter. This was largely due to subscriber inactivity post the cricket World Cup 2011.Average Revenue per User remained steady at Rs. 150 despite a higher subscriber base.”

“Subscription revenue for the quarter stood at Rs. 3,922 million recording an increase of 57% over the corresponding period last fiscal. EBITDA margin further strengthened to reach 24.4%. Net loss continued with its downward trend, making bottom-line profitability visible in the coming quarters,” he added.

Dish TV India Limited continues to be the largest DTH Company in India and the whole of Asia Pacific and is ranked the third largest DTH platform in the World.

In line with its promise to provide wholesome entertainment and to further leverage its transponder capacity, Dish TV recently added new regional channels for its Telugu, Kannada, Oriya and North Eastern viewers. Post the addition, Dish TV offers 20 Telugu, 12 Kannada, 8 Oriya and 8 channels catering to its North Eastern viewers. Dish TV also, further strengthened its HD offering to 40 channels with the recent inclusion of HD content from ‘Fox International’ and ‘National Geographic’

With a last mile reach of more than 11 million subscribers, Dish TV offers a transparent new medium for distinct advertising in an otherwise cluttered environment. Further, with television rating measurement agencies increasing the all India digital weightage in their reported markets to 15%, advertisers have started looking at DTH as a platform of choice for focused advertisement. Dish TV remains focused to scale-up revenue from advertising going forward.

Condensed statement of operations:
The table below shows the condensed standalone statement of operations for Dish TV India Limited for the first quarter ended June ‘11 compared to the quarter ended March ‘11.

Quarter ended
Quarter ended
% Growth
Rs. million
June-11
Mar-11
Q o Q
Operating revenues
4,604
4,329
6.3
Expenditure
3,482
3,428
1.6
EBITDA
1,122
901
24.5
Other Income
137
188
(27.2)
Depreciation
1,107
1,020
8.5
Financial expenses
334
440
(24.1)
Profit / (Loss) before tax
(183)
(371)
-
Provision for tax
0
0
-
Profit / (Loss) after tax
(183)
(371)
-
Expenditure:

Dish TV’s primary expenses include cost of goods and services, personnel cost, administrative cost, advertisement expenses and selling expenses. The table below shows each as a percentage of total revenue.

Rs. million
Quarter ended
June – 2011
% of Gross revenue
Quarter ended
Mar- 2011
% of Gross revenue
% Growth
Q o Q
Cost of goods & services
2,472
53.7
2,162
49.9
14.3
Personnel cost
174
3.8
179
4.1
(2.8)
Administrative cost
231
5.0
250
5.8
(7.6)
Advertisement expenses
156
3.4
204
4.7
(23.5)
Selling & distribution expenses
449
9.7
633
14.6
(29.1)
Total Expenses
3,482
75.6
3,428
79.2

This earnings release contains unaudited standalone quarterly results that are prepared as per Indian Generally Accepted Accounting Principles (GAAP).

Caution Concerning Forward-Looking Statements:

This document includes certain forward-looking statements. These statements are based on management’s current expectations or beliefs, and are subject to uncertainty and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors. Dish TV India Limited is under no obligation to and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.

About Dish TV India Limited:
Dish TV is Asia Pacific’s largest direct-to-home (DTH) company and part of India’s biggest media conglomerate – the ‘Zee’ Group. Dish TV has on its platform more than 320 channels & services including 22 audio channels and 40 HD services with more than 11 million subscribers. Dish TV uses the NSS-6 satellite platform which is unique in the Indian subcontinent owing to its automated power control and contoured beam which makes it suitable for use in ITU K and N rain zones ideally suited for India’s tropical climate. The company has also acquired transponders on the Asiasat 5 platform thus increasing its bandwidth capacity by 216 MHz to reach a total of 648 MHZ, by far the largest held by any DTH player in the country. The Company has a vast distribution network of about 1400 distributors & 55,000 dealers that span across 6600 towns in the country. Dish TV has a 24* 7 call centre with over 1600 seats in 11 different languages to take care of subscriber requirements at any point of time. For more information on the company, please visit www.dishtv.in

Go to Source

Highlights:

Sonata Software Ltd. – Stand Alone

Revenue at US$ 13.59 Mn ( US$ 13.62 Mn )
Revenue at Rs. 61.13 Cr ( Rs. 61.85 Cr )
EBIDTA at Rs. 17.60 Cr ( Rs.18.17 Cr )
Net profit at Rs. 11.90 Cr ( Rs. 14.86 Cr )
Earnings per share (Annualised) at Rs. 4.53 ( Rs.5.65 )
Cash & cash equivalents Rs. 61.32 ( Rs. 57.87 )
Sonata Software Ltd. – Consolidated

Revenue at Rs. 334.00 Cr ( Rs.332.15 Cr )
Net profit at Rs. 8.84 Cr ( Rs.18.23 Cr )
Earnings per share (Annualized) at Rs. 3.36 ( Rs. 6.94 )
Cash & cash equivalents Rs. 162.43 ( Rs. 151.85 )
* Figures shown in brackets pertains to relevant period of Previous year

Significant Projects:
For a world-leading mobile satellite service provider, Sonata is developing a new Business Intelligence system using Microsoft SQL Server 2008 platform and Microsoft Office SharePoint Server (MOSS) 2010 for data warehousing, reporting and analytics. Sonata is designing a new and flexible data model to incorporate the business requirements of the customer. The solution will enhance the reporting system of the customer and allow them to accommodate changes and develop new projects. It will also ensure smooth and secure information delivery for the users.

A leading travel management organisation has engaged Sonata to develop an online travel management system with a self booking tool for their corporate customers. The solution will enable the organisation to successfully manage their corporate travel programs and meet the rapidly changing business requirements. It will also help them to optimize their IT investments, enhance their productivity and offer quality products and services to their end customers.
Sonata is engaged with a Global Construction equipment manufacturer to provide implementation services for their SAP initiative. The implementation will enable them to align their business processes to adopt the best practices and assist better decision making across their operations. This business initiative will address their operational excellence across processes that include Order to Cash, Procure to Pay, Financials and Manufacturing.

For a leading provider of enterprise data integration software, Sonata is re-designing their reporting system using open source technologies to help them develop new projects and accommodate changes. Sonata is moving the existing reporting system from Informatica Data Analyzer to Jasper Server. This will allow the customer to access, visualize, analyze, create and distribute highly formatted reports both internally and externally.
For a leading cellular service provider, Sonata is integrating a COTS (Commercial – of – the – Shelf) product with their network inventory system to avoid parallel mastery of IP address. The solution will optimize the work process for the client and also help them to track and manage the IP addresses.
For a retail start-up, Sonata is deploying a state-of-the-art IT infrastructure to help them respond to the needs of their customers quickly, efficiently and with the highest possible integrity. Sonata is helping the customer implement Microsoft Dynamics AX for Retail which will enable them to change and expand their business model by adding stores and distribution centers and take advantage of multichannel retail opportunities. It will also help them to enhance operational efficiency by standardizing processes across multiple sites and improve margins.

About Sonata Software Limited

Sonata Software (www.sonata-software.com), headquartered in Bangalore, India, is a leading IT consulting and services company. Sonata’s customers are located across the US, Europe, Middle East and the Asia-Pacific region. Its key business segments include Product Engineering (ISV), Enterprise IT and Travel, Transportation and Logistics. As per the industry rankings released by NASSCOM for FY 2009-10, Sonata Software figured among the Top 20 IT Software Services Exporters in India for the third consecutive year. Sonata has been ranked among Top 10 R&D Services players globally by Zinnov Management Consulting Pvt. Ltd. Zinnov has rated Sonata 6th in the Software Products segment.

Sonata’s subsidiaries include (1) TUI InfoTec – Sonata’s Joint Venture with TUI, Europe’s largest tourism group, (2) Sonata North America Inc (formerly Offshore Digital Services Inc) – Sonata’s arm in the US, which provides development and consulting services to clients, using an Onsite-Offshore Delivery Model, (3) Sonata Software FZ LLC – Sonata’s fully-owned subsidiary that provides value-based IT solutions to customers in the Middle East and (4) Sonata Information Technology Limited, which is a premier software services and product distribution company with India-focused business operations.

For further information, please contact :
Swati Sengupta
Sonata Software Limited
A.P.S. Trust Building,
Bull Temple Road, N.R. Colony
Basavanagudi,
Bangalore 560019, India
Tel : +91 80 30971999

swati.sengupta@sonata-software.com

The results will be available for public viewing on the company’s website www.sonata-software.com, in the section ‘Investors’.
About Sonata Software Limited

Sonata Software (www.sonata-software.com), headquartered in Bangalore, India, is a leading IT consulting and services company. Sonata’s customers are located across the US, Europe, Middle East and the Asia-Pacific region. Its key business segments include Product Engineering (ISV), Enterprise IT and Travel, Transportation and Logistics. As per the industry rankings released by NASSCOM for FY 2009-10, Sonata Software figured among the Top 20 IT Software Services Exporters in India for the third consecutive year. Sonata has been recognized for its excellence in providing Software/ISV R&D and Cloud Computing Services to global customers by Zinnov Management Consulting Pvt. Ltd. Sonata features both under the Software/ISV as well as Cloud Computing verticals in Zinnov’s “Execution Zone”.
Sonata’s subsidiaries include (1) TUI InfoTec – Sonata’s Joint Venture with TUI, Europe’s largest tourism group, (2) Sonata North America Inc (formerly Offshore Digital Services Inc) – Sonata’s arm in the US, which provides development and consulting services to clients, using an Onsite-Offshore Delivery Model, (3) Sonata Software FZ LLC – Sonata’s fully-owned subsidiary that provides value-based IT solutions to customers in the Middle East and (4) Sonata Information Technology Limited, which is a premier software services and product distribution company with India-focused business operations.

For further information, please contact :
Swati Sengupta
Sonata Software Limited
A.P.S. Trust Building,
Bull Temple Road, N.R. Colony
Basavanagudi,
Bangalore 560019, India
Tel : +91 80 30971999

swati.sengupta@sonata-software.com

Highlights – Q4 FY 11 over Q3 FY 11 Idea – Standalone2 – Revenue up 7. 0%, EBI TDA up 15. 6%, PAT up 16. 6% Idea – Consolidated3 – Revenue up 7 . 1%, EBI TDA up 13. 4%, PAT up 12. 9%   INR Mn Idea, standalone2 Idea, consolidated 3 Q4 FY11 Q3 FY11 FY11 FY10 Q4 FY11 Q3 FY10 FY11 FY10 Revenues – established service areas 4 38,298 35,941 141,579 113,019 Revenues – new service areas5 4,393 3,960 14,801 8,394 Total revenue 42,691 39,901 156,380 121,413 42,347 39,556 155,032 155,032 EBITDA – established service areas 4 10,667 9,597 38,648 34,722 EBITDA – new service areas 5 (1,173) (1,384) (5,386) (4,184) Total EBITDA 9,494 8,214 33,262 30,538 10,752 9,482 37,907 34,071 EBITDA % – established service areas 4 27.9% 26.7% 27.3% 30.7% EBITDA % – new service areas5 -26.7% -34.9% -36.4% -49.9% Total EBITDA% 22.2% 20.6% 21.3% 25.2% 25.4% 24.0% 24.5% 27.4% Depreciation & Amortisation 5,940 5,362 21,728 17,615 6,572 5,925 23,973 20,149 Other Receipt - - - (663) - - - (837) EBIT 3,554 2,852 11,534 13,586 4,180 3,557 13,933 14,758 Interest and Financing Cost (Net ) 486 572 2,489 2,063 854 941 3,965 4,005 PBT 3,068 2,280 9,046 11,523 3,326 2,616 9,969 10,753 PAT 2,576 2,209 8,378 10,298 2,745 2,430 8,987 9,539 Cash profit 6 9,031 7,674 30,899 29,043 9,921 8,573 34,068 30,636 Note: Spice Communications1 was amalgamated into Idea Cellular with an appointed date of March 01, 2010. Accordingly, previous year figures (FY10) for Idea Standalone exclude Spice Communications1, and for Idea Consolidated include proportionate consolidation. Continuing its long term trajectory of expanding market share, Idea Standalone Revenue grew 7.0% QoQ, on the back of a sequential quarterly growth of 9.0% in Total Minutes on Network. The Average Realised Rate declined to 40.6p compared to 41.8p in the previous quarter. Idea is the third largest wireless operator in the country with a Revenue Market Share of 13.6% (TRAI, Q4FY11), and also the fastest growing major operator. Idea carried 362.6 billion minutes on its network during FY11, placing it among the top 10 operators in the world in voice minutes. On a normalised annual basis, Idea minutes grew 46.5%, whereas standalone annual revenue grew 18.2%, both significantly faster than the sector growth. Idea added over 9.6 mn active subscribers during the quarter, taking the VLR subscriber base to 83.3 mn, with the highest ratio of active subscribers to reported subscribers in the sector at 93.1%, as on 31st March 2011. Idea continues also to be among the biggest net gainers nationally in the Mobile Number Portability program; a strong indicator of the popular appeal of Idea’s services. During the quarter, EBITDA on a standalone basis increased sequentially by 15.6%, driven by a 1.2% improvement of EBITDA margin in the Established Service Areas, coupled with reduced EBITDA losses of the New Service Areas by Rs 211 mn. Interest of Rs. 1,240 mn has been capitalised during Q4 against the payment for 3G spectrum fees. On a standalone basis, the PAT figure for the quarter stands at Rs. 2,576 mn, up 16.6%, on a sequential quarterly basis, while cash profit of Rs. 9,031 mn, grew by 17.7%. Idea has rolled out its 3G services in the service areas of Maharashtra & Goa, Andhra Pradesh, Kerala, MP & Chhattisgarh, Gujarat, UP (West) and Uttaranchal, UP (East), Haryana & Himachal Pradesh. Additionally, Idea subscribers would very soon be able to enjoy 3G services, across India, through a combination of home network and roaming arrangements, with select leading quality operators. Idea is one of the few companies in the world, which is able to run high quality telecom services at the world’s lowest price points, and yet extract stable Cash Profits. Idea is poised to benefit from long term sector opportunities, once this over-capacity phase draws to its inevitable close. Notes: The erstwhile Spice Communications Limited (Spice) was amalgamated with the Company effective March 1, 2010 pursuant to sanction of the Scheme of Amalgamation by the Hon’ble High Court of Gujarat and the Hon’ble High Court of Delhi. However, on March 30, 2011, upon an application made by DoT, the Hon’ble High Court of Delhi has stayed operation of its order dated February 5, 2010, sanctioning the Scheme of Amalgamation. The Company had filed an application before the Hon’ble High Court of Delhi seeking vacation of the said ex-parte stay, the hearing in respect of which is concluded and the judgment is reserved. On June 2, 2011, the Hon’ble High Court of Delhi, on a further application filed by the Company seeking permission for adoption of accounts by the Board of Directors, permitted the Company to adopt accounts and complete all legal obligations in that behalf. The adoption of the accounts by the Board shall be subject to further orders to be passed by the Hon’ble High Court of Delhi. Idea Standalone represents Idea, and its 100% subsidiaries. Effectively, this encompasses all operations, excluding the JVs, Spice (till February 28, 2010) and Indus. Idea Consolidated represents Idea, its 100% subsidiaries, and its JVs, grouped together. In addition to Idea Standalone, this covers the proportionate consolidation of Indus (16%), and Spice (41.09%, till February 28, 2010). Established Service Areas represent 13 service areas of Maharashtra & Goa, Gujarat, Andhra Pradesh, Madhya Pradesh & Chhattisgarh, Delhi, Kerala, Haryana, Uttar Pradesh West & Uttaranchal, Uttar Pradesh East, Rajasthan and the Himachal Pradesh service area, and also include the service areas of Punjab and Karnataka of erstwhile Spice from March 01, 2010. New Service Areas represent 9 service areas of Mumbai, Bihar, Orissa, Tamil Nadu, J&K, Kolkata, West Bengal, Assam and the North East service areas. Cash Profit is calculated as summation of PAT, Depreciation, charge on account of ESOPs and Deferred tax, for the relevant period. Figures for past periods have been regrouped, wherever necessary. About Idea Cellular Ltd. Idea Cellular is the third largest wireless operator in India with a Revenue Market Share of 13.6% (Q4FY11). Idea is listed on the National Stock Exchange (NSE), and the Bombay Stock Exchange (BSE) in India. Idea is part of the Aditya Birla Group, India’s first truly multinational group. The group operates in 27 countries, is anchored by an extraordinary force of over 130,600 employees belonging to 40 nationalities, and derives over 60% of its revenues from operations outside India.

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