Four Soft Announces Q3 Results, PAT Rises by 160%
10th February’12, Hyderabad: Four Soft® (4S®) (NSE: "FOURSOFT", BSE: 532521), a global leader offering software solutions for Logistics and Transportation industry is pleased to announce its financial results for the third quarter of FY 2011-12.
| 9 Months | Q3 | ||
| Rs ( Crore ) | Rs ( Crore ) | ||
| Revenues | 93.44 | Revenues | 32.93 |
| EBIDTA | 9.44 | EBIDTA | 4.08 |
| PAT | 5.1 | PAT | 2.79 |
Key Highlights for Nine Months ended December 31st 2011
- PAT for 9 months at 5.1 Crore and for Q3 at 2.79 Crore (increase of 160% over the corresponding previous quarter)
- Revenues of 93.44 Crore resulting in an increase of 5%
- EBITDA up by 2.65 Crores to 9.44 Crore in the 9 months, a 39% increase.
Palem Srikanth Reddy, Chairman & Managing Director, Four Soft Ltd, said: “With this result the company embarks on the journey to success. At the start of the financial year, we focused on 3 key business areas beginning with launching of all our products on SaaS (Software as a Service) targeting the Shippers, expanding best in class product offerings into North America, Asia Pacific and Japan market and intensifying our new service offerings. We are beginning to see positive results from our investments and we are confident that we would be able to perform consistently in the coming quarters.”
Biju S Nair, CFO, Four Soft Ltd, said: “Our profitability has increased as a result of combination of sales revenue considering the existing volatile economic conditions across the globe, generation of recurring revenues from our existing customers and bringing focus on rationalizing cost and improving service performance.”
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 the majority of the top logistics & transportation companies in the world. With regional operations strategically located worldwide, it supports customers including DHL, CEVA, DB Schenker, Panasonic, Flyjac (Hitachi Transport System Group), Norbert Dentressangle 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 eTrans® 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 eCustoms® for customs brokerage, 4S iShipping™ for shipping line execution, 4S eConnect™ for business-to-business connectivity and 4S Infotips™ for informed decision making.
For more information please contact:
Narendra Nargundkar
Four Soft Limited
Mobile: +91 9246165754
Tel: +91 40 66875216
Email: narendra.pn@four-soft.com
