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Sierra Optima

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DQI Bureau
New Update

The Hyderabad-based company is ranked at #19 this time, against #21 last

year. Sierra Optima, a mid-sized company providing services in applications

development and migration with specialization on the Oracle platform, reported

revenues of Rs 20.30 crore, compared to Rs 15.18 crore in the corresponding

previous year. Net profit jumped by 39% to Rs 5.51 crore in the year ended March

31. Sierra’s ROCE stood at 53%, placing it in the #2 ROCE position. Sierra is

ranked at #35 in sales growth, #36 in net profit growth, #21 in gross block

growth, #45 in sales and #38 in profits. The company is gradually shifting focus

to providing services in e-commerce and emerging areas. However, it has found

the going tough and has not managed to outperform the industry average. The

company offers its services from its development center in Hyderabad and is part

of US-based Sierra Atlantic.

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