101. AZTEC SOFTWARE AND TECHNOLOGIES

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DQI Bureau
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Bangalore-based software solutions company Aztec Software and Technology Services had a great year–it grew by 432%, from a turnover of Rs 15.23 crore last year to Rs 80.7 crore in 2000-2001. Gross profits and net profits also grew by over 350% and 450%, respectively. Operating margins, however, grew only marginally to 24% as the company went on a hiring spree and more than doubled its workforce. Aztec has a good mix of on-site and offshore development.

PERFORMANCE HIGHLIGHTS

  • Sales up a whopping 432% to Rs 81 crore
  • Operating margins much lower at 24%
FACT SHEET
Chairman: S Parthasarathy
Start-up year: 1995-96 Products: Services in the Internet middleware space
Branch Offices: 1 Address: 23, 3rd A Cross, 18th Main, 6th Block,
Koramangala., Bangalore 560095
Tel: 552892 Fax: 5521987 Website: www.aztecsoft.com