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Cranes Software Revenue

The Times of India   
Thursday, 01 August 2002   

Cranes Software International Ltd. (CSIL), a scientific and engineering software solutions provider, has announced the unaudited results for its first quarter ended June 30, 2002. The company posted a turnover of Rs. 68.4 crore with a consolidated turnover of Rs. 83.8 crore. Revenues in the quarter rows 253 per cent, up from Rs. 27 crore in the corresponding quarter of the previous year. The profit after tax is reported at Rs. 19.2 crore. Asif Khader, Co-founder, CEO & MD said, "We have always been focused in the domain area of scientific and engineering software solution. To grow deeper into the field we have constantly improvised on our marketing skills and introduced strategic business plans. This has in-turn helped us enhance our consolidated revenues for this quarter and will also post a promising turn over for the year."

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