RS Software (India), a leading software solutions provider for electronic payments industry reported highest ever consolidated sales of Rs 104 crore in the second quarter of FY14, a growth of 25 percent over the same quarter last year.
“We are not giving any guidance on the revenue front but we expect operating profits to grow in the range of 20 to 25 percent in FY14. Operating margins may be impacted as the company intends to invest profits in new innovations,†Raj Jain, chairman and managing director at RS Software (India) told moneycontrol.com in an exclusive interview.
In an interview with CNBC-TV18, Rajnit Jain, CMD, RS Software, speaks about the quarterly results and gives his outlook going forward.