Rolta's Q2-FY-16 Consolidated EBITDA Grows 5.1% Q-o-Q and PAT Grows 3.9% Q-o-Q

One of the numerous examples of this growing traction is Statoil, one of the world's largest Oil and Gas companies, who recently chose Rolta OneView™ to achieve standardization of assets in their Kristin and Tyrihan Oilfields to reduce their operating expense – their solution was operationalized in this quarter. Similarly, at Cairn, Rolta OneView™ was chosen to provide spatially enabled predictive analytics in real-time to take preemptive action to minimize downtime of production wells is being successfully implemented, winning customer accolades.

Rolta also recently received an order for Rolta OneView™ solution pack for Terminal Performance Management Analytics, from one of the largest oil refining and marketing companies in India, which is also a Global Fortune 500 company. Similarly, a Canadian integrated energy company specializing in production of synthetic crude from oil sands selected Rolta to improve Asset Availability and quicker Shutdown-Turnaround.

Rolta has acquired a wealth of experience and a track record in implementing sophisticated systems for Transportation organizations by exploiting geospatial and Rolta OneView™ features for BI and Analytics. For example, two major North American DOTs gave additional contracts to Rolta for enhancing their analytics solutions to cover new business areas.

Rolta's pursuit for product innovation continues unabated with all its major product suites undergoing enhancements with new modules, features and functionality. Examples of these include Rolta OneView™ incorporating Data Science Workbench and Predictive Analytics Manager, a new Rolta SmartMigrate™ Cloud module for near seamless cutover for migration and consolidation of Analytics platforms, new 3D mapping capabilities in Rolta OnPoint™ and Rolta GeoCAD™ now with a multi-agency gateway and Digital Mobile Radio tracking through GPS. With ongoing investments in R & D and Development of its own IP, Rolta not only expects to retain its competitive edge but also open new opportunities.

About Rolta: Rolta is a leading provider of innovative solutions for many vertical segments, including Federal and State Governments, Defence/HLS, Utilities, Process, Power, Financial Services, Manufacturing, Retail, and Healthcare. Rolta is recognized for its extensive portfolio of indigenous solutions based on field-proven Rolta IP tailored for Indian Defence/HLS. By uniquely combining its expertise in the IT, Engineering and Geospatial domains, Rolta develops exceptional IP-based Cloud-ready solutions to enable its customers globally to readily exploit the power of BI, Big Data Analytics, and IT-OT Fusion. Rolta is a multinational organization headquartered in India. The Company operates from over 40 locations worldwide and has executed projects in more than 45 countries. Rolta equity shares are listed on BSE and NSE in India, its GDRs are listed on the Main Board of London Stock Exchange and its 'Senior Notes' are listed on Singapore Stock Exchange.

Disclaimer: This press release includes statements that are not historical in nature and that may be characterized as "forward-looking statements", including those related to future financial and operating results, benefits and synergies of the Company's brands and strategies, future opportunities and the growth of the market for open source solutions. You should be aware that Rolta's actual results could differ materially from those contained in the forward-looking statements, which are based on current expectations of Rolta management and are subject to a number of risks and uncertainties, including, but not limited to, Rolta's ability to integrate acquired operations and employees, Rolta's success in executing its strategies, Rolta's ability to take a competitive position in the industry, business conditions and the general economy, market opportunities, potential new business strategies, competitive factors, sales and marketing execution, shifts in technologies or market demand, and any other factors. The Company may make additional written and oral forward looking statements but do not undertake, and disclaim any obligation, to update them.

Logo: http://photos.prnewswire.com/prnh/20121023/570667

For additional information please visit www.rolta.com, or contact:

Atul Tayal

Hiranya Ashar

Preetha Pulusani

JMD & COO Domestic Ops

JMD – Int'l Ops and CFO

President – Americas

Member of the Board

Member of the Board

Member of the Board

adtayal@rolta.com

hiranya.ashar@rolta.com

preetha.pulusani@rolta.com

Tel: +91-(22)-2926-6666

Tel: +91-(22)-2926-6666

Tel: +1-(678)-942-5000

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/roltas-q2-fy-16-consolidated-ebitda-grows-51-q-o-q-and-pat-grows-39-q-o-q-300174704.html

SOURCE Rolta India Limited

Contact:
Rolta India Limited
Web: http://www.rolta.com

 



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