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Polaris Software eyes $425-435m revenue in 2011-2012

Polaris Software Lab has announced its fourth quarter results. Arun Jain, Chairman and CEO, Polaris says, the result is good, 9% quarter-on-quarter (QoQ) revenue growth is a sign of picking up. Next year, he says, the company is looking at 20-25% revenue growth. “We are looking at a revenue of between USD 425-435 million in 2011-2012.”

April 28, 2011 / 19:54 IST
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Polaris Software Lab has announced its fourth quarter results. The company's Q4 net profit was up at Rs 57 crore versus Rs 50 crore, quarter-on-quarter, QoQ. Its net sales were up at Rs 443 crore versus Rs 400 crore, QoQ.

In an interview with CNBC-TV18, Arun Jain, Chairman and CEO, Polaris says, the result is good, 9% quarter-on-quarter (QoQ) revenue growth is a sign of picking up. Next year, he says, the company is looking at 20-25% revenue growth.

first published: Apr 28, 2011 04:33 pm

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