Blue Star Infotech reported that it has achieved consolidated total income of Rs.5,136 lakh with 26% increase for the quarter ended March 31, 2013 as compared to Rs.4,066 lakh last year. As compared to Rs.12,822 lakh total income in FY 11-12, the company has received Rs.18,853 lakh in FY 12-13. Profit after tax for the quarter stood at Rs.61 lakh. The overall profit after tax is Rs.499 lakh for FY 2012-13 as compared to Rs.357 lakh last year, showing a growth of 40%. Consolidated EPS for FY 12-13 increased by 40% at Rs.4.79 as compared to Rs.3.49 for FY 11-12.
Sunil Bhatia, MD & CEO, Blue Star Infotech, said, “The primary goals of our revamped business model are continued focus on the US market along with emphasis on Product Engineering and Travel & Hospitality sectors. We have also launched a new solution for Travel & Hospitality segment – Mobile Vacation Planner (MVP), which holds great promise from our concept testing campaigns. As planned, we have been successful in incorporating a partner-led approach by providing vertical driven customized solutions. We have also been able to win some big-ticket accounts which have significantly contributed to our 47% topline growth. Our endeavour continues to grow the revenue and beat the sector forecast, while protecting the interests of our stakeholders – customers, shareholders and employees at all times.
The company has increased the number of large customers of $1 million and is aiming to strengthen its roots in Product Engineering, Travel and Hospitality sectors.
