RS Software Declares its Fourth Quarter Results for 2012-13

RS Software India has presented a report for its fourth quarter FY 2012-13 results. The report reveals that the company has earned a consolidated net profit of 37.93 crore for the year ended March 31, 2013, which is up by 31% from 28.86 Crore in the corresponding last fiscal.

During the quarter, the company's revenue has perceived a 22% increase in revenue from 264.99 crore to 322.53 crore, Y-o-Y .The company has reported a net profit before tax of 49.64 crore over 35.09 crore in the last fiscal.

The company has declared an interim dividend of 15% to equity share holder and proposed for 20 % Final dividend to equity share holder. The company's EBITDA margin has also improved from 13% in FY11-12 to 15% in FY12-13.

Raj Jain, MD & CEO, RS Software India said, "The growth in the need for solutions helped R.S. Software report attractive growth, evident from its consistent performance over the past few years. The share of electronic payments in non-cash payments in India have shown an upward trend with electronic payments by the end of the year 2011-12 constituting 91% in terms of value and 48% in terms of volume. We are a specialist in the payments business with over 20 years of experience, and will continue to report sustainable growth leveraging the opportunities both domestically and overseas."

He further added that with the e-commerce market in India having grown 34% on an average since 2005 and Tier I and Tier II cities contributing largely to the e-commerce revenue pie, it is an exciting time for RS Software in the payment chain.