RS Software total income grows 21% - India InfolineApril 17, 2014
RS Software, the leading vertically integrated technology solution provider to the global electronic payments industry, today reported a consolidated revenue of Rs. 389.21 crores up by 21% and net profit of Rs. 53.58 crore for the year ended March 31, 2014, up by 41% from Rs. 37.93 crore in the last year.
Commenting on the results, Raj Jain, Chairman & Managing Director, RS Software India Ltd said, “We are very excited about our financial performance for the fiscal year just concluded, bringing excellent returns for our investors. Our long term domain focus strategy is vindicated by the fact that we have grown by a CAGR of 24% in revenues every year and PAT has increased by 234% in the last five years amounting to a CAGR of 53%. With our foundation for growth well laid out we are poised to confidently approach the other leadership companies engaged in the 1 trillion dollar Electronic Payments space globally mitigating our risk of depending on a few clients. We are encouraged by our initial traction in the market place and the quality of the dialogue with new prospects/customers. We remain committed to constant renewal of our abilities to deliver high performance.”
RS Software Board recommends Final Dividend for 2013-14 - Equity BullsApril 17, 2014
The Board of Directors of R.S. Software (India) Ltd at its meeting held on April 16, 2014, has recommended Total Dividend of 60% (including an interim dividend of 35%) to the Equity SharehoIders of the Company.
R S Software net profit rises 88.68% in the March 2014 quarter - Business StandardApril 17, 2014
Net profit of R S Software (India) rose 88.68% to Rs 16.00 crore in the quarter ended March 2014 as against Rs 8.48 crore during the previous quarter ended March 2013. Sales rose 23.27% to Rs 86.51 crore in the quarter ended March 2014 as against Rs 70.18 crore during the previous quarter ended March 2013. For the full year, net profit rose 44.41% to Rs 51.18 crore in the year ended March 2014 as against Rs 35.44 crore during the previous year ended March 2013. Sales rose 20.00% to Rs 351.88 crore in the year ended March 2014 as against Rs 293.23 crore during the previous year ended March 2013.