Company Profile For Aztecsoft Ltd

Aztecsoft Ltd (AZTC.BO) (Bombay Stock Exchange)

sector: Technology · industry: IT Services & Consulting ·

As of 22 Jun 2009

76.20INR

Price Change

+0.00

Percent Change

+0.00%

Analyst Recommendations

Overview

Aztecsoft Limited is an India-based company engaged in providing development and testing services to software product companies, portals and software services providers and companies in mobility and wireless and financial domains. The Company offers full life-cycle product engineering, independent testing, professional services and sustenance engineering. It provides comprehensive software product engineering and quality engineering services, as well as open source expertise. During the fiscal year ended March 31, 2009, the Company launched new services, including data management services, data modeling and analytics, and business intelligence. In July 2008, MindTree Consulting Limited acquired a 79.9% interest in Aztecsoft Limited. Pursuant to the acquisition, the Company has become a subsidiary of MindTree Consulting Limited.

Quick Financial Synopsis

BRIEF: For the fiscal year ended 31 March 2009, Aztecsoft Limited's revenues increased 31% to RS3.37B. Net income increased 24% to RS216.3M. Revenues reflect increased income from operations. Net income was partially offset by an increase in salaries, allowances & bonus expenses, higher travelling expenses, an increase in professional charges, higher printing expenses, an increase in repairs & maintenance and higher rates & tax expenses.