Birla Shloka Edutech Limited
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BSE Code:
511607
NSE Code:
Business Profile
Business Profile
Shloka Infotech (RATMERIN) is engaged in the development of software. It was originally incorporated as a private limited company on May 25, 1992 and converted into a public limited company on Mar. 16, 1994. Earlier known as Rathi Mercantile Industries, it got its present name on Dec. 13, 2004. The company is part of the Yash Birla group, which has diversified interest in industries like steel pipes, machine tools, cutting tools, iron castings, tool holders, power solution products, multipurpose engines pumps, textiles, carpets, furnishing, electrical appliances, lifestyle, infotech, publication, travel, electricity, cotton ginning, property development, and other areas. The major companies in the group include Zenith Birla (India), Birla Power Solutions, Birla Cotsyn (India), Dagger Forst Tools, Birla Precision Technologies, Birla Transasia Carpets, Birla Perucchini, Birla Lifestyle, Birla Electricals, and Birla Concepts (India).
The company capabilities in the areas of educational software in schools, interactive multimedia learning systems, supply of software as per customer specifications, and supply of reliable peripheral component products sourced from across the globe and those designed and developed by the company.
Major developments have been made in software development. The company has already installed its developed educational software program called Vidhyopasana to provide knowledge through the electronic media. It has developed capabilities in e-commerce and e-business, digital content development, R&D services, telecom software and IT-enabled services.
The registered office is located at Industry House, 159, Churchgate Reclamation, Mumbai-400020.
Financials
Shloka Infotech registered a profit of Rs 2.12 million for the quarter ended December 2007.
Net sales increased 65.97 times to Rs 50.8 million for the quarter ended December 2007 from Rs 0.77 million for the quarter ended December 2006.
Total income rose 6,412.82% to Rs 50.8 million for the quarter ended December 2007 from Rs 0.78 million for the quarter ended December 2006.
The earnings per share (EPS) of the company stood at Rs 0.56 for the quarter ended December 2007.