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Cranes Software International Ltd. ranks 10th in Dataquest's Top 20 listing for 2005

Monday, 15 August 2005   

For the fiscal ended March 2005, the company earned revenues of Rs. 163.4 crore as compared to R.s 113.7 crore, registering a healthy growth of 44% and bagging 2nd rank in the sales growth segment. It ranked # 7 in net profit growth, which stood at Rs. 46 crore, up 41% as compared to Rs. 32.6 the previous year. Cranes ranked #33 and #19 in sales and net profit, respectively. Its gross block grew 112% to Rs. 165.3 crore helping it to clinch rank #5. During the fiscal year, CSIL launched SYSTAT 11, a latest version of its integrated desktop statistics and graphics software package and signed a reseller agreement with a company in digital signal processing technologies called Lrytech Incorporated. The ROCE of Cranes was #10, which was 34.3%, up 38% from the previous fiscal.


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