Virinchi Ltd

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BSE Code: 532372       NSE Code: VIRINCHI

Business Profile
Business Profile
Virinchi Consultants (VIRCONSU) develops B2B e-commerce, enterprise and networking solutions. It also provides onsite services in the USA.

Its headquarters is in Hyderabad. The company`s registered office is in Secunderabad, Andhra Pradesh and K. Viswanath is its CEO and managing director.

Financials
Virinchi Technologies registered a steep drop of 49.3% in net profits of Rs 13.43 million for the quarter ended in June 2007 from a profit of Rs 26.49 million for the quarter ended in June 2006Net Sales rose 33.02% to Rs 98.82 million for the quarter ended June 2007 from Rs 74.29 million for the quarter ended June 2006.The earnings per share (EPS) of the company stood at Rs 0.95 in the quarter ended June 2007 .

Recent Developments
03-SEP-07
Virinchi Technologies said on Monday that it entered into a long-term strategic pact with its partner in the US for Oracle ERP maintenance services. The company expects total revenues of about USD 0.5 million primarily from remote maintenance of the customer`s Oracle- Business Suite implementations and the related onsite services that would generate additional revenues.


Other Information
Annual Reports for Virinchi Ltd
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