Monday, November 18, 2013 11:00 AM IST (05:30 AM GMT)
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Intense Technologies Announces a Stellar First Half-year, with 48% Topline Growth, Expects to Beat FY 2013-14 Targets
Growth driven by excellent results in overseas markets and investment into new product development and innovation.
Hyderabad, Andhra Pradesh, India, Princeton, New Jersey, USA, Singapore and Dubai, United Arab Emirates, Monday, November 18, 2013 — (Business Wire India) — Enterprise software products company, Intense Technologies Limited (BSE: INTENTECH, 532326) announces stellar financial performance in the first half of 2013-14. The company that has leading brands as customers, in the Telecom, Banking and Insurance space, recorded an impressive 48% growth in topline as compared to the corresponding period of the previous year. This is the eighth quarter in a row that Intense Technologies has shown commendable profitable growth.
“We are delighted with the company’s performance this year, particularly in light of the challenging economic conditions that have continued to prevail” said Jayant Dwarkanath, CEO and Director, Intense Technologies Limited. “Our growth figures are testimonial to the continued trust reposed in us by our clients, partners, shareholders and employees. The substantial investments we made for our forays into overseas markets and into new product development, have achieved fruition. Our products and solutions are being received favorably by the global markets and our footprint continues to grow”.
“We are poised to deliver another year of growth, much above the industry average, with orders worth Rs. 19.86 Crores already signed, to be executed during the course of the Financial Year 2013-2014” added Jayant.
About Intense Technologies Limited
Intense Technologies Limited is an enterprise software products company based out of India with a premier clientele across Asia Pacific, India, Middle East and 11 African countries.
Intense Technologies Limited has a matured and pioneering leadership in the information driven, customer / citizen life-cycle management space. Its flagship offering, uniserve360 is an award-winning solution trusted with processing mission critical revenue data of more than US$ 4 billion monthly, across a very demanding customer base.
uniserve360 has 70% market share of the Telecom industry (in India) and a leadership position in the Insurance segment (in India). More than 5 billion+ customer communications are annually created and delivered through it. Some of the world’s most elite companies trust uniserve360 to help them engage with their stakeholders, to build enduring relationships, drive revenue growth and enhance brand image.