Mascon Global

	Revenues decline for second consecutive year Upped BFSI revenues, but presence in healthcare and engineering segments declined

A products and IT consultancy company, Mascon’s revenues have been sliding
for the last two years–in contrast to 478% growth in 2000-01. The company now
has a significant presence in just two verticals–BFSI (56% of revenues) and
manufacturing (31% of revenues). It lost major ground in the healthcare and
engineering verticals in fiscal 2003. The two verticals had contributed more
than 60% to the topline in fiscal 2002.

Chairman: S Chandra Start-up Year: 1995 Products & Services: SW development and maintenance, R&D, customer support, ERP products Employees: 1,059 Address: 320, Anna Salai, Chennai Tel: 24313101 Fax: 24349330 Website: www.masconit.com