Taking the 20th rank is Delhi-based Software Technology Group
International, better known as STG. The company closed the year with revenues of
Rs 32.77 crore, 65% higher than the previous year. Net profit stood at Rs 7.80
crore, up a whopping 329%. The company was ranked at #18 in sales growth, #6 in
profit growth and #14 in gross block growth. Its gross block grew by 93% to Rs
10.05 crore. Engaged in providing software education and consultancy services,
STG has established a network of over 200 franchise centers across 125 cities in
India. In software consultancy, STG’s realm of expertise includes the
Internet, e-commerce, telecom and networking segments. The company has set up
subsidiaries in the US and Australia, apart from offices in Sri Lanka and Abu

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