VisualSoft Technologies Ltd(merged)

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BSE Code: 532214       NSE Code: VISUALSOFT

Business Profile
Business Profile
VisualSoft Technologies (VISUALSOFT) develops solutions for e-business, business intelligence, re-engineering and enterprise applications. The company has also developed software products for e-commerce, web development and web-based project management. It has also started a BPO division called ISupport.

The company has entered into business alliances with local software companies in the US, Europe and Asia to penetrate these markets. It has also opened a marketing office in Chicago. Another strategy was to work with the programs of global majors such as IBM Best Team, Oracle Business Alliance and Microsoft Solution Provider.

The company has its registered office in Hyderabad and D. V. S. Raju is the Chairman and managing director.

Financials
Visualsoft Technologies registered a steep drop of 92.4% in net profit of Rs 3.07 million for the quarter ended in December 2006 from a profit of Rs 40.42 million for the quarter ended in December 2005.

Net sales declined 35.44% to Rs 179.17 million for the quarter ended December 2006 from Rs 277.53 million for the quarter ended December 2005.

Total income dipped 35.9% to Rs 184.43 million from Rs 287.74 million for the quarter ended December 2005.

The earnings per share (EPS) of the company stood at Rs 0.15 for the quarter ended December 2006.

Recent Developments
30-MAR-07
The scheme of amalgamation with Megasoft has been approved by the High Court of Andhra Pradesh in Hyderabad.

Other Information
Annual Reports for VisualSoft Technologies Ltd(merge
Annual Report YearDownload Annual ReportDownload Report Preview
1999-00
(2 MB)
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1998-99
(2 MB)
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