Intense Technologies posts 48 pc growth

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SME Times News Bureau | 05 Dec, 2013
Intense Technologies, a software product development company, has posted 48 percent growth in the topline during the second quarter ended Sep 30.

The company's revenues during the first half of the current financial year were Rs.22.18 crore while it has set a target of Rs.60 crore for the entire financial year, its officials said here Tuesday.

This is the eighth quarter in a row that the company has shown profitable growth.

"We are poised to deliver another year of growth, much above the industry average, with orders worth Rs.19.86 crore already signed, to be executed during the course of the financial year 2013-2014," a company statement said.

The growth was driven by excellent results in overseas markets and investment into new product development and innovation.

The BSE-listed company sees huge potential in Unicampus, a new cloud-based technology developed by it. Over 40,000 students in more than 20 schools are enjoying the benefit from this one-view school-student information solution.

Unicampus enable schools to integrate their admission, administration, academics, assessment and accounting process seamlessly with single user interface.

The firm expects to tap the prospects of adoption opportunity in an estimated 75,000 private schools in India.

"Our goal is to enable schools build information management success stories with technology systems that enable teachers, staffs, students as well as their parents deal with multiple administrative and academic process challenges, sum up them in one touch window." says Shastri, chairman of Intense Technologies.