Quintegra Sees FY08 Topline At $100 Million
24 Apr 2008 | Print
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Business-standard reports that IT products and services company Quintegra Solutions Ltd expects a topline of $100 million (Rs 400 crore) in the financial year ended March 31, 2008 from Rs 76 crore in FY07. Shankarraman Vaidyanathan, chairman and managing director, Quintegra Solutions, said that the company would achieve organic growth at a 50 per cent peg over the next five years, coupled with a aggressive inorganic growth strategy for Europe.
After the acquisition of US-based PA Consultancy last year, the company achieved EBITDA margins of about 10 per cent, in line with its guidance for 2007-08. Estimated trailing earning per share at the end of financial year 2008 was Rs 14, up from about Rs 3, last year, Vaidyanathan said.
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Effective pricing and discounting strategies are one of the key reasons why some technology professional service organizations succeed and others fail. According to the “The New Professional Service Maturity Model” benchmark report just completed by Adexta and SPI Research,
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Sandeep Kaujalgi
