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Rationalisation pays, Profits emerge for Blue Star Infotech

Blue Star Infotech sees automation and digital focus paying off well

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Pratima Harigunani
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MUMBAI, INDIA: Blue Star Infotech Limited, a Digital Transformation and Software Product Engineering Company, declared its Q1 results for FY 2015-16. The company’s focus on mining key accounts has led to this substantial rise in profits and other factors like closing of un-remunerative business, streamlining internal processes, impact of past rationalisation and increase in automation also contributed to the profit increase, tells an announcement.

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Some of the significant business wins for the quarter included a $15 million (~INR 96 crores) contract with an existing customer (a leading global commodity trading and logistics company) for a period of three years. Blue Star Infotech would be providing Information Technology related services. Also, noted was an enhanced partnership with a leading US based technology corporation - this increase in the services offered resulted in a footprint expansion.

The company also mentioned a partnership with one of the world’s largest travel providers (an existing client), to provide a plethora of services ranging from digital transformation to mobile solutions and how it further consolidates its position as a leading IT solutions provider to the Travel and Hospitality industry.

Sunil Bhatia, CEO &MD, Blue Star Infotech Ltd., said “We are pleased to announce a strong Q1 performance with a robust growth in our profits. By strengthening relationships with existing customers, the company is focussed on developing strategic large accounts which will pave the growth path in the long-run. Our focus on core verticals and reinforced strategy on being solution-led, customer-centric and innovative has made us the preferred partner in some accounts.

The company has built a strong foundation and I am confident about our future growth.”

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