Search  in   

         
 

 Home > DQTop20 2005 > Ranks


KMG Infotech



Monday, August 01, 2005

Exports grow by 58% to Rs 30 crore in FY 2004-05, from Rs 19 crore in FY 2003-04

Hired 60 employees as part of its growth plan
l CEO: Subhash Bhatia l Start-up Year: 2000 l Products & Services: Jet Data 2K, Risk Vault, eTime Track, Manta CBT l Employees: 200 l Branches: 3 l Address: Unit 201/202, Vanguard Rise, 163, Konena Agrahara, Off Airport Road, Bangalore – 560017 l Tel: 25224824 l Fax: 25224813 l Website: www.kmgin.com

A strong show by KMG Infotech in its bread and butter sector-insurance-coupled with good third quarter results, helped it grow by 68%. However, operating margin dropped to 14% from the previous year's 17%, but the company doubled its bottom line growth to about Rs 4 crore. Onsite development far outweighed the onsite-offshore mix, constituting 83% of the software exports revenues. This Indian subsidiary of US-based Key Management Group projects a 55% increase in employees in the current fiscal.

Page(s)   1  


 Print this article   Comments  Email this article


 

 



Advertisement

Other CyberMedia web sites
 [Dataquest]   [Voice&Data]   [CIOL]   [PCQuest]   [Living Digital]
 [IDC India]   [CIOL Shop]  [DQ Channels]   [the DQweek]  
 [CyberMedia Dice]  [CyberMedia Events]  [CyberMedia Digital]   [Cyber Astro]   
 [CyberMedia India]   [GlobalOutsourcing]   [BioSpectrum]