Bangalore-based Cranes software, which deals mostly in graphical design and statistical analysis products, saw domestic revenues grow by 51%. This was driven by several small deals and the addition of TI's DSP kits to its agency operations. Agency operations grew by 36% fuelled by increased sales of Matlab and exports grew 97% largely due to a rise in demand for the Systat software product (both are statistical analysis tools). The company acquired the Sigma product line from US-based SPSS during the last quarter of the fiscal.
Products comprised 80% of total revenues during the fiscal
PAT grew from Rs 14 crore to Rs 32 crore this fiscal, a growth of 128%
l CEO: Asif Khader l Start-up year: 1991 Products & services: Software solutions and services l Branches: 6 l Employees: 182 l Address: 5th floor, C Wing, Golden Enclave, Airport Road, Bangalore l Tel: 080-25201604-6 l Fax: 080-25201626 l Website: www.cranessoftware.com
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