Intense Technologies Records 39% Growth in Revenues; Profit Propels to 146%
Intense Technologies (BSE: INTENTECH, 532326) today reported results for the third quarter of 2013. The company reported net revenues of Rs. 12.63 crores, up from Rs.9.98 crores, an increase of 27% compared to same quarter of the last fiscal year. The bottom line growth is up from Rs.1.91crores to Rs. 4.10 crores recording a jump of 114% compared to the same quarter of the last fiscal year. With mandates for its brand UniServeTM by dominant Telecom Majors growing worldwide, Intense expects the momentum to continue while it consolidates its growth in overseas markets.
Hyderabad, India, January 16, 2014: Enterprise Customer Lifecycle Management Software Product Development Company Intense Technologies (www.in10stech.com) announced today that the company’s strong foray into new markets has enabled it to expand its customer mandates rapidly. The company says after services, Indian product companies are garnering world attention for its product design intelligence and Intense is well poised to tap this growth potential.
Announcing the results of the company C K Shastri, Chairman & Managing Director of Intense Technologies said "This quarter is a great illustration of our product strategy and revenue profile of our company. As products successes are replicated across geographies we expect to see healthy bottom line. This is reflected by robust increase in the bottom line during the year. Intense Technology focus to intensify its Enterprise Customer Lifecycle Management Product deployment footprints in the global market is paying off as its order book is witnessing strong momentum.”
Intense Technologies UniServeTM360 Enterprise Customer life cycle management Software Product portfolio serves Telecom, BFS, Insurance, Government and Utilities Market in India, the Middle East, APAC and Africa while its ERP product UnicampusTM is targeted to educational institutions.