Rolta Q2 cons net up 5% at Rs 65 cr

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Rolta Q2 cons net up 5% at Rs 65 cr

Rolta India, a solutions and services provider for geospatial & GIS, defense and homeland security and engineering sectors, has reported a consolidated net profit of Rs 65 crore in the second quarter of FY12, a growth of 4.8% as compared to Rs 62 crore in the previous quarter.

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Rolta India , a solutions and services provider for geospatial & GIS, defense and homeland security and engineering sectors, has reported a consolidated net profit of Rs 65 crore in the second quarter of FY12, a growth of 4.8% as compared to Rs 62 crore in the previous quarter.

It posted a forex loss of Rs 13.4 crore versus loss of Rs 26 crore quarter-on-quarter.

Consolidated net sales went down 2.9% to Rs 472 crore in October-December quarter of FY12 from Rs 486 crore in an earlier quarter.

EBITDA increased to Rs 190 crore from Rs 178.96 crore QoQ. EBITDA too improved at 40.25% versus 36.8%.

Segmental performance QoQ

Revenues from enterprise geospatial and defense solutions fell 6.5% to Rs 243.1 crore from Rs 260.2 crore

Revenues from enterprise design and operation solutions came in flat at Rs 104.7 crore.

Enterprise IT solutions division's revenues rose 2% to Rs 123.8 crore from Rs 121.35 crore