Kk Singh

Forex moves contributed to reduction of other expenses, says KK Singh, CMD of Rolta India.

See flat FY17 revenues, to focus on IP business: Rolta India

In an interview with CNBC-TV18, KK Singh, CMD of Rolta said that the company has been consciously cutting down software work to focus on its IP business and does not expect more erosion of revenue due to pruning of system integration work.

Will pay missed interest instalment within grace period: Rolta

An increase in Rolta India's receivables period, an from average 120-125 days to almost 185-190 days led to a cash crunch, because of which it missed an interest payment, CMD KK Singh told CNBC-TV18.

Will meet 10-12% FY16 growth guidance: Rolta India

KK Singh, CMD of Rolta India says the company has transferred defence technology to a wholly-owned subsidiary and is open to bringing in a strategic partner in the subsidiary.

Aim to meet full year revenue guidance of 12%: Rolta India

KK Singh CMD, Rolta India said they were in the process of evaluating the valuation of defence business that would be transfered into a wholly owned subsidiary.

Rolta bags $13 mn contract for its EIA solution

Under the contract, Rolta will load the system with engineering data, documents and drawings which provide the critical technical engineering information required to operate the plant

Aim to focus on defence biz by demerging it: Rolta India

The company plans to streamline the defence business as a separate and distinct wholly owned subsidiary mainly because the regulatory environment is different for the defence and IT business, said KK Singh, CMD, Rolta India.

Rolta India gains 5% on partnership with Hitachi

Shares of Rolta India gained 4.6 percent intraday Wednesday on partnership with Hitachi India to explore new business opportunities.

Rolta India confident of maintaining margins at 35%: CMD

For the third quarter ended December 2014, the total income for the company was up 9% at Rs 966.8 cr versus Rs 885.3 cr quarter on quarter (Q-o-Q).

Aim to raise IP-led solutions to over 50% in 2 years: Rolta

"We have no plans to delist the company," says KK Singh, CMD, Rolta India.

Expect YoY revenue growth in excess of 25% : Rolta

With its topline having advanced by 21 percent and EBITDA by 19 percent QoQ, Rolta anticipates its PAT and revenue growth to be higher than their expected guidance.

Rolta India gets USD 25mn 3D city modelling project

Rolta announced that it has been awarded a prestigious 3D City Modeling contract by a major Middle-East country.

Plan to up promoter holding by another 5% next year: Rolta

KK Singh, CMD, Rolta India, says the rationale behind hiking promoter stake holding is on account of the condition that defence sector companies need to have atleast 50 percent promoter stakeholding to be able to participate in manufacturing and in defense make India programmes.

Rolta India surges 5% on dividend of Rs 3/share

The company‘s quarter ended June 30 was disappointing with a net loss of Rs Rs 1,046 crore against a profit of Rs 73 crore in the year-ago period. It reported 7.3 percent revenue growth at Rs 612.2 crore against Rs 569.96 crore. Its EBITDA stands at Rs 227.29 crore against Rs 219 crore.

Rolta margins improving, to repay debt in 2-3 years

Margins for the entire year has been at 40 percent. Though it is still lower than 44 percent that the company reported last year, but it is on the back of a new acquisition in the US. The company also expects to prepay or repay the Rs 2,500-crore debt that it has on its books in the next two-three years.

Rolta bags multi-million dollar order from Saudi-based firm

In an interview to CNBC-TV18, KK Singh, CMD, Rolta India speaks about the multi-million dollar order from Saudi-based Sadara Chemical

Rolta sees order pipeline of Rs 7000cr

KK Singh, CMD, Rolta India says that the 11.4-percent rise in PAT to Rs 70.39 crore and healthy order-book levels have allowed the company to increase its guidance from the earlier levels of 10-15 percent for the whole year. Going forward, Singh told CNBC-TV18, the company will focus on intellectual property.

Rolta bags Rs 2500cr order, sees margins at 30-35%

Rolta India recently got a USD 31 million contract from Memphis Light Gas and Water for Oracle enterprise resource planning (ERP) Project. KK Singh, CMD of Rolta India told CNBC-TV18 the importance of such a large order, strategies and the future expectations.

Sales will be in region of 10-12% for the yr: Rolta India

In an interview to CNBC-TV18, KK Singh, the chairman and managing director of Rolta India talks about the funding of USD 135 million which it has tied up via external commercial borrowings to buyback and or redeem its Zero Coupon Foreign Currency Convertible Bonds due on June 29.

Rolta sees volumes staying low but better bottomline ahead

KK Singh, chairman and managing director, Rolta India said, the company is hopeful of seeing a reversal of mark-to-market (M-T-M) losses of FCCBs in the third quarter

ECB funding for FCCBs repayment almost finalised: Rolta

KK Singh, chairman and managing director of Rolta says, external commercial borrowings (ECB) funding for FCCB repayment is almost finalised. “It’s almost in the last leg of finalisation. We should be able to do that in the first week of January.”

See 12-15% top-line growth in current fiscal: Rolta India

In an interview to CNBC-TV18, KK Singh, chairman and managing director of Rolta says, for this year (July 2011-June 2012), the company has given a guidance of 12-15% top-line growth.

Rolta India to maintain growth at 15% for FY12

The Indian rupee has hit a fresh two-year low as it fell to 48 against the dollar in early trade on Wednesday. KK Singh, chairman and managing director of Rolta India, discusses the impact of rupee’s decline on Indian companies on CNBC-TV18.

Rolta aims 15% margin in revenues next year

Chairman and managing director, KK Singh gave guidance for the next year that they would do 15% for both, margins and revenues. The company had begun an Intellectual Property (IP) oriented company and saw an improvement in its margins. The company’s order book is also getting healthier now, he added.

Exited JV with Shaw to focus on nuclear power: Rolta

Rolta has announced that it has sold 50% of its stake in Shaw Rolta. In an interview with CNBC-TV18, KK Singh, CMD, Rolta India threw light on the stake sale.