Megasoft Limited

Corporate Details

Megasoft is an IP-Driven Technology Solutions source committed to creating innovative product solutions. With unsurpassed technical expertise built over a decade, Megasoft operates centers of excellence in the Telecom and Life Sciences domains.

Megasoft aims at reducing software development cycles while retaining the benefits of custom-developed applications. This translates into direct productivity and time-to-market benefits to customers. The IP-Driven Technology Solutions approach enables Megasoft to consistently provide these benefits to the customers.

Activities

• Operating in 9 countries around the world and state of the art development centers at India and China, Megasoft is well placed to deliver and sustain long-term value to its customers worldwide.
   
• XIUS is Megasoft's Telecom brand that enables Mobile Operators to Authenticate, Authorize and Charge subscribers in real time. XIUS offers innovative products and solutions in the Telecom space.
   
• Megasoft's fast-growing Life Sciences practice caters to the specialized needs of the Pharma Industry. Acceliant (TM), a suite of Clinical Trials solution from its stable has been recognized by NASSCOM as one of the two most comprehensive product frameworks available.
   
• Megasoft's BlueAlly brand delivers specialized Application Development, Maintenance, and Support services to businesses worldwide. Furthermore, by leveraging the experience, methodologies, and partnerships of our unique Product Realization Ecosystem, Megasoft operates as a true ally in our customers' business transformation initiatives, providing innovative and high-quality Concept-to-Market services.

Performance

Megasoft Ltd has recorded consolidated revenues of Rs 65.06 crore and a net profit of Rs 12.09 crore for the first quarter ended March 31, 2007 as against revenues of Rs 35.89 crore and a net profit of Rs 7.46 crore for the corresponding quarter last year.

This reflects a growth of 81 per cent in revenue and 62 per cent in net over corresponding quarter last year.

Organization

Mr. Ravindra Sannareddy – Chairman

Contact Details:

Registered Office: 96, Dr. Radhakrishnan Salai,
Mylapore,
Chennai – 600004,
India.