Rank 131: SQL Star International

author-image
DQI Bureau
New Update

Performance
Highlights
A slump in the education business led to a 94% dip in net profits
The company is trying to realign resources to recover losses
MD: Ashok
Kumar Agarwal l Start-up Year: 1987
l
Products &
Services:
Software
services and Learning services l Employees: 325
l
Branches: 12
l
Address: SQL
House, 13 Infocity, Madhapur, Hyderabad 500081 l Tel:
3101600-04 l Fax: 3101608
l
Website:


www.sqlstarintl.com
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Both the software and education businesses of SQL Star International were
affected due to the slowdown. The company faced a reversal as revenues slipped
by 10.5% to Rs 43.45 crore. And in a year of slim margins and increased pressure
on billing rates, net profit was down 94% to Rs 29 lakh, while and operating
margins continued to be under tremendous pressure. The company, however,
announced a series of measures to realign its resources and cost structures,
which will help in the consolidation of operations.