Four Soft Half Year PAT up by 221%
HYDERABAD, India, October 30, 2012 /PRNewswire/ --
Four Soft® (4S®) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for the logistics, transportation and supply-chain management (SCM) industries, today reported a 221% jump in its net profit at Rs 7.43 Crore for the half year ended September 30, 2012.
Strong Financial Performance Highlights of H1 & Q2:
H1'12-13 H1'11-12 % Rs (Crore) Rs (Crore) PAT 7.43 2.31 221 % EBITDA 10.72 5.15 108 % Revenues 67.84 60.51 12 %
Q2'12-13 Q2'11-12 % Rs (Crore) Rs (Crore) PAT 4.66 0.69 571 % EBITDA 6.06 2.40 153 % Revenues 35.26 30.52 16 %
Palem Srikanth, Chairman & Managing Director, Four Soft Limited said, "The customer traction during the last two quarters for our solutions has been very encouraging. Given our wins against global leaders and successful implementations, we are clearly emerging as a technology leader in both Transport and Logistics (T&L) and the Supply Chain Execution (SCE) segments." He further added, "I am confident that we would continue to maintain this momentum in the coming years."
Biju Nair, CFO & COO, Four Soft Limited said, "I am pleased to announce yet another strong growth in profits during the last four quarters, primarily being driven by acceptance of our Supply Chain Execution (SCE) and SaaS solutions. Four Soft continues to build strong base with addition of new customers in the diversified markets and strengthening relationship with existing large global corporates."
About Four Soft Limited
Four Soft® is a public listed company which provides innovative software solutions, IT consultancy and BPO services exclusively for the logistics and supply-chain management market place. It is the market leader in the transportation and logistics segment with a large international client base including majority of the top logistics & transportation companies in the world. With regional offices strategically located worldwide, it supports customers including DHL, CEVA, DB Schenker, Panasonic, Flyjac, and Geodis Wilson. Additional information about Four Soft® is available at www.four-soft.com
Four Soft® offers a full suite of web-native products across the logistics supply chain. This includes 4S e-Trans® for freight forwarding and logistics, 4S eLog® for extended warehouse management, 4S VisiLog® & 4S VisiLog plus® for track & trace, visibility and supply-chain management, 4S e-Customs® for customs brokerage, 4S iShipping™ for shipping line execution, 4S eConnect™ for business-to-business connectivity and 4S Infotips™ for informed decision making.
Primary Media Contact: Narendra Nargundkar, firstname.lastname@example.org, 91-40-66875216, 91-9246165754
SOURCE Four Soft Limited