Rank 68: Covansys India

Performance Highlights Achieved a growth rate of 24% in tough times Offshore ruled–76% of sales came from here CEO: V V Sundaram l Start-up Year: 1991 l Products & Services: Software development and Consulting l Employees: 1586 l Branches: 2 l Address: Unit 13, Block 2, SDF Buildings MEPZ, Chennai — 600045 l Tel: 2383880 l Fax: 2628171 l Website: www.covansys.com

Covansys India's bottomline was still pleasing to look at for fiscal
2001-02, even though growth rate slowed down. The company clocked revenues of Rs
194 crore, much of its stemming from its global consulting business. The company's
offshore delivery capability was also a major value proposition for clients–for
instance, 76% of revenues came from the offshore, while only 19% was from onsite
work.